Brazil's long steel import volumes fell by 37.2% year-on-year in May 2018, with reduced shipments from China and South Korea, the country's two biggest sources of such products.
Imports of non-alloyed long steel products amounted to 12,355 tonnes last month, compared with 19,662 tonnes a year earlier, according to figures released by Brazil's foreign trade ministry, MDIC, last week.Imports of long steel were being affected by the slow recovery of the Brazilian construction industry, which has been performing more poorly than other sectors, such as the automotive and...