Posted on 18 Jan 2016
As per data, Brazil’s flat steel product exports during the year totaled 2.65 million mt, 84.3% higher when compared with the exports of 1.44 million mt recorded during 2014.
Meantime, the country’s exports of hot-rolled steel goods surged higher by 80% year-on-year to 2.04 million mt during the entire year 2015. The exports had totaled only 1.13 million mt during the year before. Also, cold rolled coil exports were up 48.4% at 260,772 mt in 2015. This is when compared with the cold-rolled coil exports of 175,725 mt during 2014. Meantime, hot-dipped galvanized exports too increased sharply by 171.71% year-on-year to 346,545 mt during the previous year in comparison with 127,527 mt in 2014.
The exports during the year 2015 were valued at $1.21 billion FOB. The value of exports has jumped significantly by nearly 37% from $881.69 million FOB during 2014. The shipments of hot-rolled coils were valued at $844.11 million FOB. The value of cold-rolled coil exports jumped higher to $145.55 million FOB in 2015. The value of hot-dipped galvanized shipments increased $219.76 million FOB during the month.
Brazil’s exports of hot-rolled steel goods have dropped marginally by 3% year-on-year to 174,876 mt during Dec ‘15. The exports had totaled 180,289 mt during the same month a year before. Also, cold rolled coil exports plunged by over 79% at 6,716 mt in December last year. This is when compared with the cold-rolled coil exports of 32,537 mt during Dec ‘14. The hot-dipped galvanized exports increased sharply by 31% year-on-year to 39,201 mt during December 2015.
