Price of imported CRC slightly reduced in Brazil

Monday, 14 October 2019 01:00:27 (GMT+3)   |   San Diego

The last offer of CRC received from China by Brazilian importers was priced at $570/mt, against $572/mt four weeks ago, CFR conditions for shipment to a port in the south or southeastern coast of Brazil, with the SAE 1008/SPCC grade as reference.

In September, Brazil imported 5,900 mt of CRC, against 8,800 mt in August. The origins were China (2,900 mt at $578/mt), Sweden (2,500 mt at $773/mt), South Korea (400 mt at $714/mt) and Taiwan (100 mt at $771/mt), all FOB conditions and different quality grades.

Meanwhile, Brazil exported in September 1,200 mt of CRC, in average at $791/mt, all destined to South American countries, of which 1,100 mt to Argentina at $795/mt, all FOB conditions, different quality grades and price deals probably closed in July.

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