Brazil exporters announced current commercial grade hot-rolled coil export prices are at US$ 450/ton, compared to last week's price of US$470/ton, reflecting plate prices slow down.

Meanwhile, from the production of slab to cold-rolled steel coil, prices declines are also associated with the Chinese export prices.

ArcelorMittal Tubarao’s price was at US$286/ton FOB; CSN’s price was at US$453/ton FOB; Usiminas’s price was at US$667/ton FOB; Gerdau Acominas’s price was at US$293/ton FOB, respectively.