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14 Jun
10:58

Brazil sees May flats exports weaken, remains net importer

Brazil’s flat steel exports fell on-month in May. The country continues to have a negative trade balance in the first five months with imports generally increasing during the period, Kallanish notes. According to the latest Brazilian Ministry of Development, Industry and Foreign Trade (Mdic) data, exports of carbon flat-rolled plated and coated steel reached 17,400 tonnes in May, compared with 70,900t in April and down 20.4% on-year. The value of these shipm…
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