31 DECEMBER 2014www.bnamericas.com
Brazil's aluminum imports up 300% in Jan-Sep
Edited by : AL CIRCLE
1 min read
Brazil imported 306,400t of primary aluminum in the first nine months, up 292% from 78,100t in the year-ago period, according to national aluminum association Abal.
In terms of value, the country's primary aluminum imports totaled US$686mn in the period, a 279% increase from US$181mn in January-September 2013.
Imports of finished and semi-finished products reached 136,100t, for a total of US$733mn, compared to 123,000t and US$717mn last year, Abal said.
Aluminum scrap imports totaled 40,500t, worth US$69mn, up 78.4% and 97.1%, respectively.
Aluminum's low price on the international market and Brazil's high energy costs are major factors behind the country's shift from leading aluminum exporter to net importer of the metal in 2014.
In terms of value, the country's primary aluminum imports totaled US$686mn in the period, a 279% increase from US$181mn in January-September 2013.
Imports of finished and semi-finished products reached 136,100t, for a total of US$733mn, compared to 123,000t and US$717mn last year, Abal said.
Aluminum scrap imports totaled 40,500t, worth US$69mn, up 78.4% and 97.1%, respectively.
Aluminum's low price on the international market and Brazil's high energy costs are major factors behind the country's shift from leading aluminum exporter to net importer of the metal in 2014.
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