Brazil's total exports of flat steel products in 2017 reached 2.35 million mt, up 8.25% from the previous year, data from the Ministry of Development and Foreign Trade showed Wednesday.
In monetary terms, these exports totaled $1.35 billion FOB, up 46%. In 2016, the 2.17 million mt of products exported were valued at $922.19 million FOB.
Hot-rolled coil exports last year totaled 1.62 million mt, up 7.9%, while cold-rolled exports reached 301,958 mt, up 53.8%. Shipments of hot-dipped galvanized coil came to 424,875 mt, down 9.6%.
In 2016, exports of HRC totaled 1.5 million mt; CRC, 196,347 mt; and HDG, 470,334 mt.
The main destinations for Brazilian exports of HRC in 2017 were Vietnam and Portugal, which took 368,823 mt and 366,051 mt, respectively. Exports of CRC mainly went to Germany (134,071 mt) and Argentina (47,844 mt).
For HRC, the main destinations were the US (234,589 mt) and Argentina (144,475 mt).
