The Brazilian producers are negotiating HRC exports with their South American clients in a reference price of $800/mt against $790/mt two weeks ago, FOB conditions for the basic commercial grades.
In the Brazilian domestic market, HRC of the basic commercial grades is sold by producers in medium to large volumes at BRL 4,800/mt ($851/mt) against BRL 4,850/mt two weeks ago, ex-works, full taxes except IPI.
In July, Brazil exported 82,100 mt of HRC at an average of $697/mt and imported 42,600 mt of the product at $614/mt.
The Brazilian HRC exports of July were the monthly highest in recent years, reflecting 61,300 mt exported by CSN to its Portuguese subsidiary.
USD = BRL 5.64 (September 3)