Brazilian producers are negotiating rebar for export in a range of $570/mt to $590/mt, against a range of $580/mt to $600/mt last week, both FOB conditions for the CA-50 grade, a local source told SteelOrbis.
A second local market source mentioned an offer to a client in Asia at $535/mt, FOB conditions, but it was not possible to confirm if a deal was effectively closed in that price range.