HDG exports from Brazil have been declining for the second month in a row amid a lack of supplies from the United States in August
According to SECEX, a division of Brazil's Ministry of Development, Industry and Foreign Trade, Brazil exported 12,900 metric tons of hot-dip galvanized (HDG) products in August, up from 13,600 tons in July. The reduction is due to the continuing shortage of supplies in the United States. The slight decrease reflects new market dynamics after shipments to the United States were suspended in July. Earlier, in June, Brazil exported 10,900 tons of HDG to the United States. In August, all HDG exports were sent to Argentina. ArcelorMittal shipped 9,400 tons at a price of $1,413 per ton, and Usiminas shipped 3,500 tons at a price of $1,170 per ton on FOB terms. Meanwhile, HDG imports to Brazil rose to 38,000 tons in August from 10,900 tons in July. Asia provided the bulk of Brazil's HDG imports: the total volume of shipments amounted to 31,800 tons at a price of $643 per ton. Egypt supplied 5,500 tons at a price of $662 per ton, while Europe supplied 700 tons at $1,218 per ton, also on FOB terms.
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