19
Jan
08:20
Brazil’s steel trade surplus narrows in 2023
Brazil saw finished steel exports fall month-on-month in December, while imports are higher, Kallanish learns from data issued by local steelmakers’ association Instituto Aço Brasil (IAB).
The country, which has the only trade surplus in Latin America, saw its positive balance narrow in 2023. Steel exports surpassed entries into the country by nearly 6.7 million tonnes. This volume was 22% weaker compared with the 8.59mt trade surplus in 2022, IAB dat…
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Anonymous
Very good overview of the weekly steel market.
Anonymous