Brazil’s flat steel exports double in January

Tuesday, 12 February 2013 14:02:30 (GMT+3)   |   Istanbul
       

Brazil's iron ore export volume amounted to 24.6 million mt in January this year, decreasing 23.6 percent compared to December last year and up by 35.6 percent compared to the same month of 2012, according to the preliminary information released by the Brazilian Ministry of Development, Industry and Foreign Trade. However, Brazil's iron ore export value in January was down 19.7 percent compared to the previous month, but rose by 23.1 percent compared to the same month of 2011, totaling $2.3 billion.
 
In January, Brazil's export volume of semi-finished products of iron and steel amounted to 601,800 mt, increasing 28.4 percent compared to the previous month and down 7.1 percent compared to the same month of 2011, while these exports were valued at $298.2 million, increasing by 25 percent compared to December 2012 and down 24 percent year on year.
 
Meanwhile, in January Brazil's flat steel exports totaled 209,500 metric tons, double year on year and up slightly by 0.4 percent from December. The revenue generated by these exports in January totaled $143.3 million, down five percent month on month and up 46.5 percent over the January 2012 level.

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