Brazilian producers are negotiating rebar for export to South American countries in a price range of $560/mt to $590/mt, FOB conditions for the CA-50 grade, the same last week.
In February, ArcelorMittal exported 28,200 mt of rebar at $595/mt, while Gerdau exported 11,200 mt at $538/mt, both FOB conditions with price deals probably closed in December. The volume of rebar shipped in February was almost entirely destined to South American countries.