The Brazilian foreign trade central system Siscomex reported that average freight rates for the country’s steel imports during March amounted to $52/mt, against $55/mt in February.
For HRC, it was $28/metric ton (mt) for South Korea, $48/mt for China, $37/mt for Egypt and $202/mt for Germany.
For CRC, it was $55/mt for South Korea, and $78/mt for China.
For coated flat products, it was $54/mt for China, $122/mt for South Korea, $76/mt for Japan, $57/mt from India, $55/mt for Hong Kong.
For wire rod, it was $35/mt for Egypt, $62/mt for Russia, $38/mt for China, and $21/mt for Germany.
For rebars, it was $33/mt for Egypt, $75/mt for China, $139/mt for South Korea, $81/mt for India, and $20/mt for Turkey,
For flat bars, $70/mt for Italy, $64/mt for China, and $44/mt for Spain.
For beams, $66/mt for China, and $36/mt for Turkey.
For steel wire, $56/mt for China, $20/mt for Egypt, $62 for France, and $31/mt for Turkey.
In March, the Brazilian imports of finished steel products from China were reported at 63 percent of total volumes, against 72 percent in February.