Posted on 15 Sep 2015
As per data, Brazil’s flat steel product exports during the month totaled 315,447 mt, 292% higher when compared with the exports of 80,564 mt recorded during August last year. The exports increased marginally by 3.63% when compared with the previous month. Brazil had exported 304,402 mt of flat steel products in July this year.
Meantime, the country’s exports of hot-rolled steel goods surged higher by 293% year-on-year to 256,675 mt during August ’15. The exports had totaled only 65,283 mt during the same month last year. Also, cold rolled coil exports were up 152% at 32,279 mt in August this year. This is when compared with the cold-rolled coil exports of 12,832 mt during the same month a year before. Meantime, hot-dipped galvanized exports too increased sharply by 981% year-on-year to 26,493 mt in August ’15, in comparison with 2,450 mt in August ’14.
The exports during the month of August were valued at $128.24 million FOB. The value of exports has jumped significantly by 134% from $54.81 million FOB during last year. The shipments of hot-rolled coils were valued at $98.19 million FOB, higher by 133% from $98.19 million FOB during August ’14. The value of cold-rolled coil exports jumped higher by 57% year-on-year from $10.06 million FOB in August last year to $15.83 million FOB in August this year. The value of hot-dipped galvanized shipments increased 462% to $14.21 million FOB during the month.
The cumulative exports of flat steel products by the country during the initial eight-month period of the year totaled 1.62 million mt, valued at $818.85 million FOB.
