Sea freight rates decline slightly in September for Brazilian steel imports

Wednesday, 30 October 2024 04:42:03 (GMT+3)   |   Sao Paulo

According to the Brazilian foreign trade agency, COMEX, in September, the sea freight rate for imports of slabs from Russia was $53/mt for shipment to Rio de Janeiro, $33/mt for shipment from Vietnam to Rio de Janeiro, and $75/mt from Japan to São Paulo.

For HRC, the rates from China were $61/mt to Amazonas, $34/mt to Ceará, $37/mt to Santa Catarina, and $35/mt to Piaui.  

For CRC, from China to Santa Catarina $38/mt, to Ceará $34/mt, to Amazonas $57/mt, and to Piaui $34/mt.

For rebars, from Egypt to Santa Catarina it was $40/mt and from Peru to Santa Catarina $30/mt.

The average freight rate for the Brazilian steel imports declined from $48/mt in August to $47/mt in September.

Such rates were probably negotiated in July.


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