Report Period: June 17–24, 2026
Coverage: Brazil | Argentina | Chile | Peru | Colombia
This free sample offers a curated look at a week defined by policy postponement, quota expiry, and continued price erosion. Subscribers receive the full report, including complete price tables for all eight steel products, landed cost calculations, and a detailed Product Substitution Matrix.
📌 Sample Core Insights
📌 Brazil HRC Anti‑Dumping Decision Postponed to December – June 2026 – ⏸️ – SECEX has confirmed Chinese HRC dumping and injury to domestic producers but will not impose provisional duties in June. The investigation may now be extended, removing the immediate threat of structural market closure. [Source: SECEX, Worldports]
📌 Brazil Import Quota Expires, 25% Tariff Now Applies Above Quota – June 23, 2026 – ▲ – The current quota period has ended. Above‑quota HRC, CRC, and coated volumes now face the full 25% tariff, though a new quota period with fresh headroom is beginning under the extended system to 2027. [Source: Siscomex]
📌 Chinese HRC FOB Drifts Lower for Third Consecutive Week – June 23, 2026 – ▼ – Export offers fell to $492–501/t FOB as post‑Dragon Boat Festival demand remained subdued and Southeast Asian buyers stayed in their seasonal lull. Billet slid a further $5/t to $465–468/t on Iranian competition. [Source: SMM]
📌 Brazil Jan‑May Trade Deficit Narrows 59.2% – June 2026 – ▲ – Finished steel imports fell 21.6% YoY to 1.41 million tonnes, while domestic mill sales rose 6.7%. China’s share of imports dropped to 41% from 47% in April. [Source: Aço Brasil]
Full report includes 6–8 core insights with detailed analysis.
💰 Sample Price & Trend Comparison (Partial View)
| Product | Market | This Week (Jun 17–24) | WoW Change (vs Jun 10–17) | Key Driver |
|---|---|---|---|---|
| China HRC (SS400, 4.75mm) FOB | 🇨🇳 China | $492–501/t | ▼ $3/t | Post‑holiday lull; SE Asia off‑season |
| China Billet (3SP, 150mm) FOB | 🇨🇳 China | $465–468/t | ▼ $5/t | Iranian billet diverting Middle East demand |
| Brazil Domestic HRC (ex‑works) | 🇧🇷 Brazil | BRL 5,600–5,800/t (~$1,085–1,125/t) | ⏸️ Stable in BRL | CSN increase implemented; AD cascade support |
| Brazil HRC CFR (Argus) | 🇧🇷 Brazil | $507–525/t | ▼ from early June | Softening Chinese FOB feeding through |
| BDI (Baltic Dry Index) | 🌍 Global | 2,722 (Jun 19) | ⏸️ Flat | Capesize demand mixed; freight cost tailwind stable |
Subscribers receive complete tables for all eight products across five South American markets.
🛡️ Sample Supply Chain & Policy Update
AD Postponement and Quota Expiry Reshape Brazil’s Import Landscape
The SECEX decision to postpone the HRC anti‑dumping ruling to December removes the immediate threat of structural market closure, giving importers a clear six‑month window to secure competitively priced material. Simultaneously, the June 23 quota expiry has triggered the automatic 25% tariff on above‑quota volumes, though the extension of the system to June 2027 with fresh headroom every four months ensures continued import access. The combined effect is a market where Chinese HRC landed at approximately $644/t (after the 25% tariff) remains $440–480/t below domestic Brazilian HRC—an extraordinary premium that sustains a powerful incentive for import activity despite the tariff increase.
Full report includes a detailed Product Substitution Matrix for all blocked Chinese products with alternative origins and specifications.
💡 Sample Actionable Advice (Preview)
| For Procurement Managers | For Export Sales Managers |
|---|---|
| ✅ Resume HRC imports under the new quota period – The 25% tariff still leaves imports deeply competitive versus domestic prices. The AD postponement provides a clear six‑month window. | ✅ **Lock in current HRC export prices at $492–501/t FOB** – The downtrend is intact; further erosion of $5–10/t is likely before a floor is found. |
| ⚠️ Budget for 4.8‑day Santos wait times – Peak season congestion will add 3–7 extra days of berthing delay through October. | 👀 Redirect billet exports away from the Middle East – Iranian billet is diverting demand at competitive prices; Southeast Asia offers better relative netbacks. |
The full report contains six tailored action items for each audience, with specific rationales and target markets.
📥 Subscribe Full Report
👉 Subscribe Monthly – Never miss a market shift
👉 Subscribe Annually – Best value for procurement and sales teams
📧 Questions? Custom reports? Contact amy@amyinsights.com