Posted on 08 Jul 2015
Brazil flat steel product exports surged in June
As per the statistics released by the Brazilian Ministry of
Development and Trade, the country’s flat steel product exports surged
higher during the month of June this year. The exports jumped higher by
78% when compared with those during the same month a year before. The
total revenue from exports during June ’15 climbed higher by 41.75% over
the previous year.
As per data, Brazil’s flat steel product exports during the month
totaled 299,400 mt, 77.9% higher when compared with the exports of
168,300 mt recorded during June last year. The revenue from exports too
increased from $120 million FOB during June ’14 to $170.1 million FOB in
June this year.
The exports dropped slightly by 0.7% when compared with the
previous month. Brazil had exported 301,400 mt of flat steel products in
May this year. The export revenues witnessed 4.8% decline when matched
with $178.7 million FOB in May ’15.
Meantime, the country’s exports of semi-
finished steel
surged higher by 67.2% year-on-year to 779,900 mt during June ’15. The
exports had totaled only 466,400 mt during June last year. When matched
with the previous month, the exports were up by 15.3% in June. Brazil
had exported 676,200 mt of semi-finished steel during May this year.
The overall sales by Brazil jumped higher by 6.55% from $248.8
million FOB in June last year to $265.1 million FOB in June ’15.
Month-on-month, the overall sales grew 6.5% from $248.9 million FOB in
May this year.
