The reference price of hot dipped galvanized products, for export from Brazil to South American countries, is $900/mt today, stable from four weeks ago, CFR conditions, having the G40 grade and 4.75 mm thickness product as reference.
In September, Brazil exported 13,600 mt and imported 21,000 mt of HDG, against respectively 13,600 mt and 26,100 mt in August, according to SECEX.
The exports of September were all destined to South America, in average at $1,349/mt, shipped by ArcelorMittal (10,300 mt at $1,408/mt), Usiminas (3,200 mt at $1,166/mt), and traders (100 mt at $1,110/mt).
The imports came from Asia (20,700 mt at $633/mt) and Europe (300 mt at $1,190/mt), also FOB conditions.
In the Brazilian domestic market, HDG is currently sold by producers, in medium to large volumes, to end users or distributors, at BRL 6,100/mt ($1,133/mt), also stable from four weeks ago, ex-works, full taxes except IPI.
USD = BRL 5.47 (October 14)