The Brazilian foreign trade central system Siscomex informed the average freight rates for the country’s steel imports in February.
For HRC, it was $33/metric ton (mt) for South Korea, $58/mt for China, $48/mt for Austria, $37/mt for Egypt and $32/mt for Turkey.
For CRC, it was $62/mt for South Korea, $54/mt for China, and $56/mt for Sweden.
For coated flat products, it was $56/mt from China, $130/mt for South Korea, $88/mt for Japan, $76/mt from India, $95/mt for Vietnam, $38/mt for Turkey and $18/mt from Egypt.
For wire rod, it was $37/mt for Egypt, $62/mt for Russia, $72/mt for China, and $21/mt for Germany.
For rebars, it was $60/mt for Russia, $80/mt for China, $150/mt for South Korea, and $25/mt for Turkey,
For flat bars, $68/mt from China, $28/mt for Turkey, and $58/mt for Romania.
For beams, $61/mt for China, and $26/mt for Turkey.
For wiring, $62/mt for China, $16/mt for Egypt, $62 for France, $103/mt for Austria and $31/mt for Turkey.
In February, the Brazilian imports of finished steel products from China were equivalent in volume to 72 percent of the total, against 62 percent in January.
The average freight rate for the Brazilian steel imports in February was $55/mt, against $59/mt in January.