Brazilian exports of manufactured copper, aluminum, and zinc goods almost halved in November on an annual basis.
Exports of copper goods fell to 6,680mt in November, compared with 9,976mt in November 2019. During the same period under comparison, shipments of aluminum and zinc goods declined to 19,765mt and 4,033mt, over 32,428mt and 7,776mt, respectively. Lead exports also fell to 550mt, compared with 2,356mt in the prior-year period, according to the Brazilian economic ministry data.
Exports of pig and sponge iron increased by 20pc to 358,348mt in November, from 298,577mt in the same prior-year month, but semi-finished steel products and ingots exports fell to 367,124mt from 795,560mt in the same timeframe.
Brazil’s manufactured imports of copper, aluminum, and zinc increased to 29,855mt, 65,484mt, and 6,644mt last month, from 17,340mt, 46,975mt, and 4,830mt, respectively, in November 2019. The South American country’s lead imports almost tripled in the same period, tallying at 7,812mt, compared with 2,422mt during the same period under review.
Meanwhile, pig and sponge iron imports were almost flat in November at 6,579mt over 6,656mt last year. Imports of nickel products and semi-finished steel & ingots declined to 532mt and 1,175mt, respectively, compared with 906mt and 2,319mt, in November 2019.