You are here: Home > Steel News > Latest Steel News > Exports...

Exports of heavy plates from Brazil decline in October

Monday, 11 November 2024 19:51:08 (GMT+3)   |   Sao Paulo

Brazil exported 9,500 mt of heavy plates in October against 12,200 mt in September.

In October, Usiminas shipped 9,100 mt of heavy plates, on average at $935/mt, Gerdau shipped 200 mt at $718/mt, traders shipped 100 mt at $922/mt, and ArcelorMittal also shipped 100 mt at $596/mt, all FOB conditions. 

The destinations of the exports were South American countries (9,300 mt at $931/mt) and Trinidad and Tobago (200 mt at $685/mt).

Meanwhile, Brazil imported 400 mt of heavy plates in October against 2,000 mt in September. 

The imports in October were from Europe (300 mt at $1,661/mt) and Asia (100 mt at $1,645/mt), also FOB conditions.

The decline of imports was already expected by analysts, as part of the quotas for imports established by the local authorities for the product was not used by the importers, reflecting the current lack of demand for the product.


Similar articles

Flat steel prices in local Taiwanese market - week 1, 2025

02 Jan | Flats and Slab

Ex-China steel plate prices move sideways

30 Dec | Flats and Slab

Japan’s steel exports down 4.1 percent in January-November

27 Dec | Steel News

Flat steel prices in local Taiwanese market - week 52, 2024

26 Dec | Flats and Slab

US plates in coil imports up 25.7 percent in October from September

26 Dec | Steel News

Ex-China steel plate prices edge down slightly

23 Dec | Flats and Slab

Japanese crude steel output down 0.5 percent in November from October

23 Dec | Steel News

US exports of plates in coil down 5.5 percent in October from September

21 Dec | Steel News

Flat steel prices in local Taiwanese market - week 51, 2024

19 Dec | Flats and Slab

Mexico's steel plate consumption down 24.5 percent in October

19 Dec | Steel News