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Exports of thick-rolled products from Brazil increased in July amid renewed sales in the United States

Exports of thick-rolled products from Brazil increased in July amid renewed sales in the United States

Brazil exported 21,100 metric tons of rolled steel in July versus 13,100 tons in June, the highest volume since February, mainly due to the resumption of shipments to the United States that were not delivered in June, according to SECEX, the secretariat of foreign trade of the Brazilian Ministry of Commerce. development, industry and foreign trade.

In July, exports to the United States were reported at 12,400 tons at a price of $704/ton, Switzerland (7,000 tons at a price of $676/ton) and South America (1,700 tons at a price of $822 per ton). Deliveries were made by Gerdau (19,800 tons), Usiminas (800 tons) and CSN (500 tons) on FOB terms..

Meanwhile, Brazil imported 31,900 tons of rolled steel in July against 42,300 tons in June

The sources of such imports were Austria (20,000 tons at a price of $857 per ton), Indonesia (10,700 tons at a price of $700 per ton), China (600 tons at a price of $686 per ton) and Turkey (600 tons at a price of $651 per ton), also on FOB terms..

Brazilian imports of thick-sheet steel usually consist of special grades of steel that are not produced domestically, since production on the required scale is economically unprofitable.

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