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Brazil pig iron exports drop in April

Keywords: Tags  Brazil, pig iron, exports, United States, Mexico, Netherlands, Juan Weik

SÃO PAULO — Brazil’s merchant pig iron exports fell sharply in April, largely due to lower shipments to U.S. buyers.

Exports slid 17.7 percent to 274,927 tonnes from 334,028 tonnes in the same month last year, according to figures from the country’s foreign trade ministry, as shipments to the United States fell by a similar percentage to 197,619 tonnes from 240,015 tonnes.

The U.S. decline was partially offset by higher volumes shipped to Mexico and the Netherlands. Pig iron exports to Mexico rose 13.4 percent to 33,467 tonnes last month from 29,500 tonnes a year earlier, while the Netherlands took 29,478 tonnes, up 47.2 percent from 20,027 tonnes in the same comparison.

Exports from Maranhão state in northeastern Brazil increased 14 percent in April to 134,176 tonnes from 117,692 tonnes a year ago, and shipments from southeastern Minas Gerais state jumped 43.8 percent to 85,632 tonnes from 59,517 tonnes, but exports from northern Pará state tumbled 67.3 percent to 48,770 tonnes from 149,124 tonnes.

A version of this article was first published by AMM sister publication Steel First.

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