Brazil, the world’s second largest Semi finished exporter, has exported about 620,000 MT
Billets in August 2017, recent released data by Brazilian customs reported.
The exports have surge by 10.71% M-o-M in Aug’17 against 560,000 MT in Jul’17. During Aug’17, United States has imported approximately 29% (180,000 MT) billets from Brazil.
Coming to total exports in CY2017 (Jan-Aug), the data shows about 4.88 MnT billet exports, surged by 22% against 4.00 MnT in the same preceding CY2016.
Further, on yearly calculation the billet exports were reported around 6.25 MnT in CY2016 & at 6.90MnT in CY2015.
With rising steel demand globally, the crude steel production of country was marked at 30.21 MnT in 2016. Meanwhile, in 2017 (Jan’17-Jul’17) the figure of crude steel production stood at 19.59 MnT.
Country wise:
During August 2017, the largest importer of Brazilian originated billet was United States (0.18 MnT), Mexico (0.10 MnT), Canada (0.09 MnT) & Dominican Republic (0.05 MnT).
In the month, the major export of Billets were from the ports of Vitoria (0.27 MnT), Pecem (0.18) & Rio De Janeiro (0.18 MnT). While more than 44% of exports were done from the port of Vitoria till August’17.
In the total billet exports during CY 2017 (Jan-Aug), the favourable export destination of Brazilian billet was – United States (1.72 MnT), Mexico (0.51 MnT), Argentina (0.35 MnT), Germany (0.30 MnT) & Turkey (0.27 MnT).
Source Steel Mint powered by Keyvan Jafari Tehrani (JTC)
