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Last week, the Chinese steelmakers started that export price negotiation of hot rolled coils (HRC) with Latin American buyers for October delivery.It's said that the Chinese steel producers would raise the HRC export quotes to Latin America, supported by price rise in North American market.It's known that the HRC prices have surged by US$80/ton in the North American market since early July.It's learned that the Chinese steelmakers including Benxi Steel and Shougang offered the HRC quoted at US$560/ton CFR to Latin America.Meanwhile, it's expected that Latin America's demand would pick up in October when the rainy season ends.