Brazil drastically reduced its imports of coke to 2,524 mt in July from 163,578 mt in the year ago-month, Ministry of Trade and Industry data showed Monday.
The value of the imports plunged to $592,126 from July 2015's $27.56 million, the data show.
Colombia was the largest exporter to Brazil, with shipments of 1,661 mt in July, compared with the year-ago month's 57,281 mt, while the value of the imports from Colombia fell to $313,358 from $9.77 million in July 205. The average price of the coke imported from Columbia was $188.59/mt, according to the ministry data.
China was the second largest exporter to Brazil, with a total of 652 mt, compared with 105,872 mt in July 2015. The value of the imports totaled $215,928, with the average price $330.68/mt.
The port of Vitoria, in Espirito Santo state, received 1,493 mt of the total imported, while Itajai port handled 820 mt.
The traditional coke delivery point of the port of Sepetiba, in Rio de Janeiro state, did not handle any cargo in July. Steelmakers CSN and CSA, plus mining company Vale, each operate a private terminal at the state-owned port.
The ministry reported the import values on a FOB at origin basis, excluding freight.
