SAO PAULO: The latest trade statistics released by Brazil’s foreign trade ministry indicates that the country’s steel sheet products fell sharply during the month of September this year. The imports totaled 35,214 mt during the month, down by 68.98% when matched with the imports of 113,536 mt during September last year.
The country’s hot rolled coil (HRC) imports totaled 4,769 mt, falling significantly by 73.7% year-on-year. The HRC imports by Brazil had totaled 18,137 mt during September last year. The value of HRC imports totaled $2.34 million FOB during September this year.
Brazil imported 22,046 mt of cold rolled coils (CRC) during Sep ’15, down by 60.5% when matched with the imports of 55,802 mt during same month a year before. The value of CRC imports totaled $11.43 million during the month.
The hot-dipped galvanized (HDG) steel imports by Brazil dropped considerably by 77.2% to 13,164 mt, falling from 57,716 mt a year before. The value of HDG imports totaled $8.32 million.
The cumulative steel sheet imports by Brazil during the nine-month period from January to September this year totaled 508,971 mt. The imports dropped by almost one-third when matched with the imports of 764,988 mt during the corresponding nine-month period in 2014. The value of imports dropped from $719.21 million FOB a year before to $487.32 million FOB during Jan-Sep ’15.
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