The Brazilian foreign trade authority, COMEX, informed the average freight rates for the country’s steel imports in December.
For coated flat products it was $61/mt from China, $92/mt from South Korea, $108/mt from Japan, $19/mt from Germany, and $61/mt from Singapore.
For HRC, $34/mt from South Korea, $28/mt from Egypt, $84/mt from China, and $145/mt from Austria.
For CRC, $59/mt from China, $63/mt from South Korea, and $70/mt from Singapore.
For rebars, $83/mt from China, $61/mt from Russia, $138/mt from South Korea, and $18/mt from Italy.
For wiring $15/mt from Egypt, $105/mt from Austria, $27/mt from Turkey, and $111/mt from India.
For beams, $25/mt from Spain, and $67/mt from Poland.
For wire rod, $59/mt from China, $35/mt from Egypt, $62/mt from Russia, and $21/mt from Germany.
In December, the Brazilian imports of finished steel products from China were equivalent in volume to 60 percent of the total, against 63 percent in November.
The average freight rate for the Brazilian steel imports in December was $62/mt, against $56/mt in November.