The reference price of hot dipped galvanized products, for export from Brazil to South American countries, is $840/mt today, stable from four weeks ago, CFR conditions, having the G40 grade and 4.75 mm thickness product as reference.
In December, Brazil exported 5,100 mt and imported 19,800 mt of HDG, against respectively 30,700 mt and 29,100 mt in November, according to SECEX.
The exports of December were destined to South America (3,700 mt at $1,029/mt), the US (800 mt at $923/mt), and Luxembourg (600 mt at $758/mt), shipped by ArcelorMittal (4,000 mt), CSN (800 mt), and Usiminas (200 mt).
The imports came from Asia (18,200 mt, of which 12,200 mt at $631/mt from China), and Europe (1,600 mt at $1,006/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 6,300/mt ($1,175/mt), against BRL 6,000/mt four weeks ago, ex-works, full taxes except IPI.
USD = BRL 5.36 (January 19)
