The reference price of hot dipped galvanized products (HDG), for export from Brazil to South American countries is $1,025/mt today, against $1,040/mt four weeks ago, CFR conditions, having the G40 grade and 4.75 mm thickness product as reference.
In September, Brazil exported 19,100 mt and imported 44,900 mt of HDG, against 12,000 mt 50,900 mt in August.
The main destinations of the exports in September were South American countries (13,100 mt at $1,509/mt), Asia (3,300 mt at $473/mt) and the US (2,700 mt at $954/mt), all FOB conditions, while the exporters were Usiminas (19,000 mt) and CSN (100 mt).
The imports were from Asia (44,200 mt, of which 40,700 mt at $790/mt from China) and Europe (700 mt at $1,276/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 ($1,257/mt), stable from four weeks ago, ex-works, no taxes included.
USD = BRL 4.86 (October 17)