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Brazil’s long steel imports fall below 60,000 tonnes in May

Keywords: Tags  steel, billet, sections, imports, Brazil, Latin America, Turkey

LONDON — Long steel imports into Brazil fell by 16 percent year on year in May to less than 60,000 tonnes.

The country imported 59,193 tonnes of nonalloy long products last month, compared with 70,523 tonnes in May 2012, according to figures from Brazil’s foreign trade ministry, MDIC.

Wire rod imports tumbled by 75.1 percent to 6,359 tonnes in May compared with last May’s 25,604 tonnes, while imports of sections were down 45.2 percent to 5,859 tonnes from 10,697 tonnes in May 2012.

However, imports of rebar more than doubled in the same comparison to 27,949 tonnes from 13,341 tonnes previously.

The largest exporter of long steel to Brazil in May was Turkey, which shipped 23,684 tonnes, up from 19,093 tonnes a year earlier.

Argentina came next with 8,834 tonnes, down from 16,077 tonnes a year before, according to MDIC. 

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

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