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COMMODITYSCOPE | DAILY MARKET BRIEF

Steel · Indicative Assessment

Billet Latin America exports FOB Latin America port Price

The assessment represents the estimated prevailing market level for the defined basis and is not an executable quotation.

Latest Billet Latin America exports FOB Latin America port Price

CommodityScope Assessment
505.00 USD/mt
Change
+5.00(+1.0%)
vs previous assessment (13 Aug 2026)
Assessment date
9 September 2026
FOB Latin America port
Assessment Range
500.00 – 510.00 USD/mt
Assessment confidence: medium

The assessment range is an uncertainty interval around the CommodityScope midpoint and does not represent a quoted bid/offer spread or daily trading high/low. Range methodology

Basis
FOB Latin America port
Unit
USD/mt
CS Series
CS-STL-BILLET-LATIN-AMERICA-EXPORTS-FOB-LATIN-AMERICA-PORT

Billet Latin America exports FOB Latin America port Price Chart

USD/mt · Calendar gaps are not interpolated.

Price Changes and Historical Range

Computed statistics are CommodityScope calculations from the series history.

vs last completed month
—
No completed month with enough observations
Available History Range
500.00 – 505.00
13 Aug 2026 – 9 Sep 2026, 2 obs.

Monthly Billet Latin America exports FOB Latin America port Prices

Average, minimum and maximum of assessment midpoints in each calendar month. These are not the assessment range. Incomplete latest months are marked month to date.

MonthAverage midMin midMax midObservations
September 2026Month to date505.00505.00505.001
August 2026500.00500.00500.001

Recent Assessments

Latest CommodityScope assessments for the defined market basis. Low and high are the CommodityScope assessment range around each midpoint, not a bid/offer spread. Dates without an available assessment are omitted.

DateLowHighMidΔ vs previous
2026-09-09500.00510.00505.00+5.00
2026-08-13490.00510.00500.00—

What This FOB Latin America port Price Represents

This page tracks the Billet Latin America exports FOB Latin America port on a FOB Latin America port basis, quoted in USD/mt. Figures are CommodityScope indicative assessments for the defined series basis. They are not a live quote.

Compare With

Each comparison states why the series are related and whether the latest values can be subtracted directly (same unit, currency and assessment date). Where they cannot, the values are shown side by side without a difference. The reasons below follow the product family and basis of each series.

Different latest assessment dates (9 Sep 2026 vs 9 Oct 2026).

SeriesWhy compareLatestDifference (this − other)
Billet Ex-stock Tangshan VAT-inclusive
Billet Ex-stock Tangshan VAT-inclusive · CNY/mt
Same product family (Steel) on a different basis: FOB Latin America port vs Billet Ex-stock Tangshan VAT-inclusive. The gap reflects location and delivery terms, not quality alone.
  • Different units (USD/mt vs CNY/mt); values are not directly subtractable without a unit conversion.
  • Different currencies (USD vs CNY).
3030.00
9 Oct 2026
not directly comparable
Billet FOB Black Sea
FOB Black Sea · USD/mt
Same product family (Steel) on a different basis: FOB Latin America port vs FOB Black Sea. The gap reflects location and delivery terms, not quality alone.480.00
9 Oct 2026
not directly comparable
Billet FOB China
FOB China · USD/mt
Same product family (Steel) on a different basis: FOB Latin America port vs FOB China. The gap reflects location and delivery terms, not quality alone.462.00
9 Oct 2026
not directly comparable
Billet Turkey exports FOB
FOB · USD/mt
Same product family (Steel) on a different basis: FOB Latin America port vs FOB. The gap reflects location and delivery terms, not quality alone.
  • Different latest assessment dates (9 Sep 2026 vs 10 Sep 2026).
540.00
10 Sep 2026
not directly comparable

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Dark

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Light

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CommodityScope Assessment Basis

This is the CommodityScope series definition for the published midpoint and assessment range. Characteristics that are not part of this basis are not inferred.

Product
Billet Latin America exports FOB Latin America port
Product quality
Product as labelled by the series name and location basis. CommodityScope does not infer a fuller chemical or contractual specification.
Location basis
FOB Latin America port
Parcel basis
Typical physical cargo as transacted on the stated location basis. CommodityScope does not fix a standard parcel tonnage.
Delivery / loading period
Not fixed in the published series basis.
Assessment window
CommodityScope assessment dated as of the published assessment date.
Currency / unit
USD/mt
Normalization
Inputs used for the midpoint and the assessment range are considered only after they can be expressed on this series basis and unit. Cross-unit values are not converted on the public site and are not mixed into this series.

Terms not specified

  • The series basis does not specify a product specification beyond its name and basis; none is assumed here.

Specification · series name and basis only

The series basis does not specify a product specification beyond its name and basis; none is assumed.

Basis: FOB Latin America port

  • FOB (free on board): the price covers the product loaded on the vessel at the named origin; sea freight and insurance to the destination are excluded, so FOB values from different loading areas are not delivered-cost equivalents.
  • A port basis refers to product available at the named export port; without an explicit Incoterm the exact cost split is as defined for this series.

Unit: USD/mt

  • The unit printed with the price is the unit of this series. European coil is in EUR per metric tonne. Seaborne finished steel is in USD per metric tonne. Seaborne iron ore is in USD per dry metric tonne. US mill coil and rebar are in USD per short ton. US domestic scrap is in USD per long ton. Chinese port iron-ore free-on-truck levels are in CNY per wet metric tonne, and Chinese domestic mill steel is in CNY per metric tonne. Indian domestic levels are in INR per metric tonne, Brazilian domestic scrap is in BRL per metric tonne, Mexican domestic scrap is in MXN per metric tonne, and Moscow levels are in RUB per metric tonne.
  • A series published in short tons stays in short tons. A series published in cents per pound stays in cents per pound. No unit is converted into another on the page.
How to use this series, and what it is not for

How to use this series

  • Track one series over time using the chart, monthly averages and the recent-assessment table.
  • Compare two series only when the unit, currency and delivery basis match.

What it is not suitable for

  • Treating a domestic mill assessment and an export assessment as one price.
  • Intraday trading: values are end-of-day assessments, not live quotes.

Product and market references

Assessment, assessment range and computed statistics: CommodityScope. The assessment range is an uncertainty interval around the midpoint, not a bid/offer spread. See the Steel Assessment Methodology v1.0 for assessment basis, calculation principles and data policy.