Brazilian producers are negotiating HRC exports with their South American clients in a reference price of $900/mt, stable from 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 5,600/mt ($1,131/mt), against BRL 5,500 mt two weeks ago, ex-works, no taxes included.
USD = BRL 4.95 (Feb. 2)