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Imports of cold-rolled steel to Brazil increased in August amid a decline in exports

Imports of cold-rolled steel to Brazil increased in August amid a decline in exports

Brazil exported 1,880 metric tons of cold-rolled steel (CRC) in August, while imports totaled 32,941 tons, compared with 2,355 tons exported and 5,475 tons imported in July, according to Secex, the foreign trade secretariat of the Ministry of Development, Industry and Foreign Trade.

Throughout August, exports were sent to Argentina, where ArcelorMittal exported 1,183 tons at a price of 1,226 dollars per ton, while Usiminas shipped 697 tons at a price of 1,032 dollars per ton on FOB terms.

Imports were carried out from Asia (31,906 tons at a price of at a price of $613 per ton), Europe (572 tons at $756 per ton) and Egypt (463 tons at $820 per ton), also on FOB terms, according to Secex data.

In Asia, South Korea shipped 16,008 tons at a price of $ 599 per ton, Taiwan - 13,046 tons at a price of $ 644 per ton, China - 2,737 tons at a price of $ 542 per ton and India - 115 million tons at a price of $ 642 per ton.

South Korea regained its position as the leading supplier of CRC to Brazil from Vietnam. The two have swapped places in the top spot since Brazil imposed anti-dumping measures on imports of Chinese CRC rolled products and coated flat rolled products in February.

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