SÃO PAULO Brazils imports of long products fell 2.8 percent year on year to to 85,050 tonnes in July as a slump in volumes of wire rod and sections offset a big surge in inbound shipments of rebar, according to figures from national trade ministry MDIC.
The overall decline would have been much bigger if not for a more than doubling in rebar imports to 32,267 tonnes in July, according to the figures, which refer solely to non-alloy carbon steel. Wire rod imports dropped 55.1 percent to 14,011 tonnes, and sections slipped 21.3 percent to 14,601 tonnes in the same comparisons.
Turkey was again the biggest supplier of long products to Brazil, at 33,499 tonnes, up 18.3 percent from July 2012.
Meanwhile, flat steel imports rose 22.4 percent year on year to 183,618 tonnes. The increase was led by the countrys intake hot-rolled coil and hot-dipped galvanized coil, which jumped 80.5 percent and 83 percent, respectively, to 44,091 tonnes and 55,900 tonnes.
A version of this article was first published in AMM sister publication Steel First.