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
Brazils foreign trade ministry, MDIC.
Wire rod imports
tumbled by 75.1 percent to 6,359 tonnes in May compared with
last Mays 25,604 tonnes, while imports of sections were
down 45.2 percent to 5,859 tonnes from 10,697 tonnes in May
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.