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Latin American steel export market trends diverge: billet prices remain stable, while hot-rolled coil prices decline.

Category: Blog

Time:2026-08-18

Latin American steel export market trends diverge: billet prices remain steady, while hot-rolled coil prices decline. As of the week ending August 14, Brazilian billet prices held steady for the fourth consecutive week at USD 570–580 per tonne. Pricing conditions from other sources remain competitive, with the market balancing demand and pricing. Some traders reported no transactions, while producers confirmed new offers but no deals yet. Sellers still anticipate that new deals could materialize soon, with producers expecting transactions within the current range; negotiations may extend into next week. On the Latin American hot-rolled coil export front, prices at the midpoint of the range fell by 1.85%. This week, FOB export prices for dry hot-rolled coil at major ports were assessed at USD 650–680 per tonne, down USD 5–20 per tonne from last week. Despite high domestic prices in the U.S.—the primary buyer of Latin American hot-rolled coil—increasing competition among regional exporters has put downward pressure on prices. Recent attempts and negotiations to export to Europe—typically at price levels lower than those in the U.S.—have also weighed on the export market.

Latin American steel export market trends diverge: billet prices remain stable, while hot-rolled coil prices decline.

As of 8 month 14 This week, Brazilian billet prices remained unchanged for the fourth consecutive week at 570-580 U.S. dollar / Tons; pricing conditions from other sources remain competitive, as the market seeks to balance demand and pricing. Some traders reported no transactions, while producers confirmed new offers but no deals yet. Sellers still anticipate that new transactions could materialize soon, with producers expecting trades to occur within the current range, and negotiations potentially extending into next week.

　　On the Latin American hot-rolled coil export price front, the midpoint of the range declined. 1.85% . This week’s hot-rolled coil (dry) exports FOB The price assessment for major ports is 650-680 U.S. dollar / tons, down from last week 5-20 U.S. dollar / Tons. Despite high prices in the U.S. domestic market—the primary buyer of Latin American hot-rolled coil—increasing competition from regional exporters has pushed prices lower. Recent attempts and negotiations to export to Europe, typically at price levels below those in the U.S., have also put downward pressure on the export market.

Keywords: Latin American steel export market trends diverge: billet prices remain stable, while hot-rolled coil prices decline.

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Latin American steel export market trends diverge: billet prices remain stable, while hot-rolled coil prices decline.

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