SÃO PAULO Brazilian steelmakers exported 413,755 tonnes of semifinished steel in February, down 38.8 percent from 675,889 tonnes in the same month last year.
Slab exports of 379,761 tonnes fell 38.1 percent from 613,869 tonnes in the same comparison, while billet shipments fell 45 percent to 33,994 tonnes.
The United States took 217,816 tonnes of Brazils total slab exports, down 40.8 percent from 368,067 tonnes in February 2012. Mexico bought no Brazilian slab during the month after taking 76,899 tonnes a year earlier.
The decreases were offset slightly by a rise in shipments to South Korea and Germany, at 59,984 tonnes and 44,633 tonnes, respectively, compared with 47,141 tonnes and 39,620 tonnes in February 2012.
Turkey was also an important buyer, taking 39,379 tonnes in February vs. just 50 tonnes a year earlier.
Brazils billet exports also fell, large due to a drop in Thailands intake to 4,735 tonnes from 20,270 tonnes in February 2012. Belgium, the United States and the Dominican Republic bought no Brazilian billet in February after taking 8,834 tonnes, 6,439 tonnes and 5,133 tonnes, respectively, in February 2012.
Billet exports to Indonesia rose to 15,175 tonnes from 9,954 tonnes in the same comparison, while those to Argentina increased to 14,083 tonnes from 8,615 tonnes.
A version of this article was first published by AMM sister publication Steel First.