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Brazil’s nickel output jumps 26.7% year on year in Aug.

Keywords: Tags  Brazil output, ICZ, nickel, zinc, lead, Brazilian exports, Brazilian imports, Brazilian consumption Carolina Guerra

SÃO PAULO — Brazil’s nickel output totaled 6,473 tonnes in August, up 26.7 percent year on year from 5,109 tonnes, amid higher domestic consumption and exports, according to Brazilian nonferrous metals institute ICZ.

The latest monthly figure also represents a 12.1 percent increase from July, when 5,775 tonnes of nickel were produced.

Nickel exports for August totaled 4,350 tonnes, up 17.6 percent from 3,700 tonnes in the same month last year, ICZ said.

Brazil’s nickel consumption stood at 1,566 tonnes, up 18.8 percent from August 2012.

Zinc production in Brazil increased 5.3 percent year on year in August to 20,540 tonnes from 19,504 tonnes, prompted by greater demand vs. last year.

Brazil’s zinc imports increased 76.7 percent year on year to 3,619 tonnes in August, while exports rose 56.3 percent to 2,539 tonnes in the same comparison.

Domestic zinc consumption totaled 24,540 tonnes in August, up 12.8 percent from 21,757 tonnes a year earlier.

Brazil’s lead imports totaled 8,063 tonnes for the month, up 30.9 percent from August 2012.

A version of this article was first published in AMM sister publication Metal Bulletin.

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