Brazil, the world’s second-largest Pig iron exporter, has exported about 0.16 MnT Pig iron in June 2017, according to trade statistics released by Brazilian customs.
The exports have registered a downfall of 11% M-o-M in June’17 against 0.18 MnT in May’17.
While, on Y-o-Y in June 2017 exports gained by 6.67% against 0.15 MnT in June 2016.
Further, in the first Half of 2017, the country’s total export for pig iron was at 1.05 MnT; up by 3.96% as compared to 1.01 MnT in the same preceding last year.
Country wise exports:
The largest importer of Brazilian Pig iron during June 2017 was Mexico (0.06 MnT), inline is United States (0.05 MnT), Netherland (0.02 MnT) & Italy (0.02 MnT).
In the month, the major export were from the ports of Vitoria (45%), Rio De Janeiro (44%) & Sao Luis (11%).
In the total pig iron exports during CY 2017 (Jan-June), the favorable export destination of Brazilian pig iron was – United States (39.8%), Netherlands (16.97%), Italy (12.32%) & Taiwan (10.58%).
Brazil’s country-wise Pig iron exports
| Unload Country | Jun’17 | Jun’16 | May’17 | Jan’17-Jun’17 |
| United States | 0.05 | 0.07 | 0.08 | 0.42 |
| Netherland | 0.02 | 0.01 | 0.06 | 0.18 |
| Italy | 0.02 | 0.01 | 0.14 | |
| Taiwan | 0 | 0.02 | 0.11 | |
| Mexico | 0.06 | 0.02 | 0 | 0.09 |
| Argentina | 0 | 0 | 0.01 | 0.04 |
| Peru | 0.02 | 0.03 | ||
| Others | 0 | 0.01 | 0.01 | 0.01 |
| Grand Total | 0.16 | 0.15 | 0.18 | 1.05 |
Export Quantity in MnT
Source: Brazilian Customs
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