【SMM Steel】Brazil's flat steel sales fall in April but imports decline after AD measures

Published: Jun 5, 2026 16:07

Save

【SMM Steel】Brazilian flat steel sales reached 314000 tonnes in April down 10.8% m-o-m and 1% y-o-y with inventories above historical averages according to INDA. April imports fell 38.6% m-o-m to 166600 tonnes down 43.2% y-o-y. INDA president said AD measures adopted in February are already showing effect. With HRC AD duties expected in June steel imports for full year 2026 could fall 20% y-o-y. Despite weak April performance May sales are projected to grow 10% m-o-m. Brazilian steel plate exports are also benefiting from increased demand in Europe driven by its own trade restrictions.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

Jul 31, 2026 20:14

Tender for Wires and Cables for Electrical Engineering of the 2026 Old Community Renovation Project in Tiedong District, Anshan City by Electrical Installation Team 1 of the Electromechanical Company

Jul 31, 2026 20:14

Jul 31, 2026 19:31

[SMM Steel] 7.31 SMM Global Steel Daily Report

[Brazil] Higher freight offsets falling export offers as Brazil's flat-product import prices steady Brazil's flat-product import prices were broadly steady this week, as elevated ocean freight effectively offset the decline in export offers from major shipping origins. HRC and CRC import prices steadied at 590 and 700 USD/tonne CFR respectively. Recent geopolitical turbulence in the Middle East has pushed up marine fuel costs, while weak Asian demand and softer raw materials prompted Vietnamese mills to cut export offers. On the domestic front, dragged by weak downstream demand, tight credit and rising inventories, Brazil's domestic HRC ex-works prices were flat this week, with no price increase planned for August. In addition, Brazilian slab export trading also slowed this week as major exporters made internal transfers to their own plants in Europe and the United States at offers of 575-585 USD/tonne FOB.

Jul 31, 2026 19:31

Jul 31, 2026 18:29

MMi Daily Iron Ore Report (July 31)

The iron ore market showed a lackluster performance on the spot today. The DCE main contract I2609 closed at 715 yuan/ton, down 3.31% from the previous trading session. Spot prices at Qingdao Port fell by 15-20 yuan/ton from the previous trading day.

Jul 31, 2026 18:29