Price stable for Galvalume exports from Brazil

Thursday, 13 February 2020 20:21:55 (GMT+3)   |   Sao Paulo
       

The current reference price for Brazilian exports of Galvalume is still $850/mt, FOB conditions for the AZ-150 product, the same as two weeks ago. Such price is roughly equivalent to $880/mt CFR conditions for sales to Europe.

According to sources, very few export deals are being closed for Galvalume, as the product remains scarce in Brazil and imports consistently exceed exports.

In January, CSN exported 7,700 mt of Galvalume to the US at $923/mt, FOB conditions, while ArcelorMittal exported a small volume to Paraguay. The export of CSN is part of the Q2 2020 quota, under US Section 232.

Meanwhile, Brazil imported in January 22,300 mt of Galvalume from China, in average at $683/mt, FOB conditions, along with a small volume imported from South Korea. The last offer of Galvalume received by a Brazilian importer from China was priced at $790, against $780/mt two weeks ago, both CFR conditions to a port in the south or southeastern coast of Brazil.


Similar articles

Flat steel prices in local Taiwanese market - week 13, 2024

28 Mar | Flats and Slab

Some EU flat steel import quotas about to be exhausted near end of period

26 Mar | Steel News

Romania’s sole flats mill cuts HRC prices, raises HDG and PPGI prices

22 Mar | Flats and Slab

Chinese domestic PPGI prices edge down, at slower pace

22 Mar | Flats and Slab

Flat steel prices in local Taiwanese market - week 12, 2024

21 Mar | Flats and Slab

Turkey’s coated steel export prices weaken

20 Mar | Flats and Slab

ArcelorMittal Asturias begins mass production of Magnelis® steel at galvanizing line No. 1

20 Mar | Steel News

MMK reports record coated rolled product shipments to local market in 2023

19 Mar | Steel News

US HRC prices still ticking downward, prices expected to bottom this month

15 Mar | Flats and Slab

Chinese domestic PPGI prices move down further

15 Mar | Flats and Slab