According to the Brazil Steel Institute (IABr), Brazilian crude steel production in June this year amounted to 2.54 million metric tons, with an 8.5 percent decrease year on year. In the same month, Brazilian rolled steel output decreased by 4.1 percent to 1.8 million metric tons compared to the same month of 2015.
Meanwhile, Brazilian steelmakers produced 14.86 million metric tons of crude steel in the first half of this year, down 13 percent year on year. Brazil's rolled steel product output totaled 10.21 million mt in the given period, down 14.7 percent year on year.
Brazilian domestic steel sales increased by 0.7 percent year on year in June to 1.49 million metric tons, while domestic sales in the first half of this year totaled 8.2 million metric tons, decreasing by 15.5 percent year on year.
Brazil's exports of steel products in June amounted to 1.21 million metric tons, falling by 0.1 percent, with a value of $533.7 million, down 6.5 percent, both on year-on-year basis. Steel product exports in the first six months of this year totaled 6.68 million mt, worth $2.54 billion, with an increase of 16.6 percent in volume and a fall of 22.3 percent in value compared to the same period of last year.
Meanwhile, the country's steel import volume in June this year amounted to 92,400 metric tons, decreasing 72 percent, with a value of $103.5 million, down 63.5 percent, both year on year. Brazil’s total steel imports in the first half of this year came to 741,300 metric tons, representing a 64.2 percent decrease in volume from the first six months of the previous year, while the value of these imports in the given period totaled $764.6 million, falling by 60.8 percent year on year.