Steel exports from Latin America to the US rose in November on an annual basis with improved shipping rates from Brazil, according to data from the United States Census Bureau.
Brazil’s steel exports to the US rose by 134.4pc to 23,862mt in November from 10,176mt in the same month last year. Mexico’s steel exports to the US, on the other hand, fell by 16.5pc to 214,326mt last, from 256,861mt a year ago. Exports from other South and Central American countries increased by 27.6pc to 34,975mt in November from 27,410mt in November 2019.
Carbon non-alloy steel
Brazilian exports of carbon non-alloy steel trebled to 20,630mt in November from 7,736mt in the prior year period. Mexican exports to the US declined 1.5pc to 188,995mt from 192,020mt in the same period. Exports from other South and Central American countries rose 119pc to 30,422mt in November from 13,884mt in the same month last year.
Alloy products
Brazil’s alloy steel exports to the US increased by 36.2pc to 2,814mt in November against 2,065mt exported in November 2019. Meanwhile, Mexican exports declined by 63.1pc to 22,529mt from 61,122mt in the same period. Exports from other South and Central American countries to the US fell by 68.5pc to 4,134mt in November from 13,146mt in the same month last year.