Brazilian flat steel product exports in June spiked 77.9% from the year-ago month, according to the Ministry of Development and Trade.
June revenue grew 41.75% from the year-ago month, the ministry said late Tuesday.
Brazil exported 299,400 mt of flat steel products in June, up from 168,300 mt a year ago, while revenue hit $170.1 million FOB from $120 million FOB a year earlier.
Month on month, exports of flats slipped 0.7% from 301,400 mt of flat steel products in May, with revenue shrinking 4.8% from $178.7 million FOB in May.
Brazil's June exports of semi-finished steel jumped 67.2% to 779,900 mt from 466,400 mt exported in June 2014. Overall sales rose 6.55% to $265.1 million FOB from $248.8 million FOB.
June semi-finished steel exports were up 15.3% from 676,200 mt from may, while overall sales grew 6.5% from $248.9 million FOB.
Source: Platts
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