Brazilian flat steel exports jump 84.3% year on year
Exports of hot-rolled steel goods totaled 2.04 million mt, up 80% from 1.13 million mt year on year. Cold-rolled coil exports totaled 260,772 mt, some 48.4% above the 175,725 mt sent overseas in 2014. Hot-dipped galvanized exports reached 346,545 mt, up 171.7% from 127,527 mt a year earlier, Platts reports.
The exports of HRC were valued at $844.11 million FOB, while the volumes of CRC were valued at $145.55 million FOB and HDG at $219.76 million FOB, for a total of $1.21 billion FOB. Overall, exports in 2014 were valued at $881.69 million FOB.
In December alone, exports of flat products totaled 220,792 mt, down 9% from 242,753 mt in December 2014.
December saw 174,876 mt of HRC shipped overseas, 3% below the 180,289 mt registered a year before. CRC exports totaled 6,716 mt, or 79.3% below the 32,537 mt exported in December 2014. Exports of HDG in the most recent month reached 39,201 mt, up 31% from 29,927 mt a year ago. ■