Brazil Billet Exports Decline by 14% in September 2017
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Brazil, the world's second-largest Semi finished exporter, has exported about 530,000 MT Billets in September 2017, recent released data by Brazilian customs reported.
The exports have declined by 14.51% M-o-M in Sep'17 against 620,000 MT in Aug'17. During Sep'17, United States has imported approximately 30.18% (160,000 MT) billets from Brazil.
Coming to total exports in CY2017 (Jan-Sep), the data shows about 5.41 MnT billet exports, surged by 18.12% against 4.58 MnT in the same preceding CY2016.
Further, on yearly calculation the billet exports were reported around 6.25 MnT in CY2016 & at 6.90MnT in CY2015.
With considering steel demand globally, the crude steel production of country was marked at 30.21 MnT in 2016. Meanwhile, in 2017 (Jan'17-Aug'17) the figure of crude steel production stood at 22.54 MnT
Country wise:
During September 2017, the largest importer of Brazilian originated billet was United States (0.16 MnT), Germany (0.08 MnT) & Turkey (0.06 MnT).
In the month, the major export of Billets were from the ports of Pecem (0.24) & Rio De Janeiro (0.17 MnT), Vitoria (0.10 MnT). While more than 41% of exports were done from the port of Vitoria till September'17.
In the total billet exports during CY 2017 (Jan-Sep), the favorable export destination of Brazilian billet was - United States (1.87 MnT), Mexico (0.51 MnT), Argentina (0.39 MnT), Germany (0.38 MnT) & Turkey (0.32 MnT).
Top Unload Country (Jan - Sep'17)
| Country | Quantity | % Share |
| United States | 1.87 | 34.64 |
| Mexico | 0.51 | 9.45 |
| Argentina | 0.39 | 7.25 |
| Germany | 0.38 | 7.06 |
| Turkey | 0.32 | 5.99 |
| Indonesia | 0.25 | 4.61 |
| South Korea | 0.23 | 4.19 |
| Dominican Republic | 0.22 | 4.03 |
| Italy | 0.21 | 3.92 |
| Canada | 0.21 | 3.85 |
| Thailand | 0.1 | 1.76 |
| Others | 0.72 | 13.24 |
| Grand Total | 5.41 | 100 |
Quantity in MnT
Source - SteelMint Stats
