Brazilian producers are negotiating rebar for export in a range of $600/mt to $610/mt, FOB conditions, two local exporters told SteelOrbis. The reference price compares with $620/mt last week.
In January, Arcelor Mittal exported rebar at $534/mt, Gerdau exported at $508/mt, and the Votorantim Group exported at $572/mt, all FOB conditions, with price deals probably closed in November 2017.