20
Dec
10:33
Brazil’s steel trade surplus narrows on-month in November
Brazil remained a net exporter of steel in November. The country’s trade surplus was almost 615,000 tonnes in the month, narrowing 9.5% versus October but widening 27.1% year-on-year, Kallanish notes.
The eleven-month trade surplus stands at 6.39 million tonnes, compared with 7.98mt in January-November 2022. The reduction is mainly explained by 49.9% higher imports on-year.
According to the local steelmakers’ association Instituto Aço Brasil …
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Anonymous
Very good overview of the weekly steel market.
Anonymous