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Brazil flat Steel exports decline 15.5% m-o-m in Aug

Steel News  |  2012-10-10 10:17:52

Brazil's flat rolled steel exports advanced sharply by 50.7% year-on-year to 169,500 metric tons (mt) in September this year but declined 15.5% month-on-month, as per the preliminary statistics provided by the Brazilian Ministry of Development, Industry and Foreign Trade.

BRASILIA (Scrap Monster): Brazil's flat rolled steel exports advanced sharply by 50.7% year-on-year to 169,500 metric tons (mt) in September this year but declined 15.5% month-on-month, as per the preliminary statistics provided by the Brazilian Ministry of Development, Industry and Foreign Trade.

The revenue generated by these exports in September this year totaled $136.8 million, fell by 18% month-on-month and up 14.8% over the September 2011 level.

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