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Brazil’s Long Steel Imports Drop 29% in April

Brazilian long steel imports fell by 28.6% year-on-year in April, led by lower import volumes of rebar.

The country imported a total 57,171 tonnes of non-alloy steel products last month, against 80,126 tonnes in April 2013, according to the country’s foreign trade ministry, MDIC.

China was the largest exporter of long steel to Brazil last month, with 14,003 tonnes, up by 62.9% compared with April 2013, when volumes were at 8,594 tonnes.

Meanwhile, long steel exports from Turkey into Brazil stood at 13,600 tonnes in April, down from 27,438 tonnes in the same month in 2013.

From January to April, Brazilian long steel imports decreased by 254,046 tonnes, down by 6.8% from the same period in 2013, when imports were at 272,636 tonnes.

Product breakdown
The country imported a total 11,101 tonnes of rebar in April, down from the 31,934 tonnes imported in the corresponding month last year.

Turkey was the largest exporter of rebar to Brazil, with 11,047 tonnes last month, down from 25,213 tonnes a year ago.

Imports of sections came to 3,472 tonnes iin April, against 6,316 tonnes a year earlier.

Meanwhile, Brazil’s imports of wire rod reached 20,964 tonnes in April, a growth of 24.7% from 16,813 tonnes in the same month in 2013.

Source: SteelFirst

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