BRAZIL EXPORTS NOVEMBER 2014: Ferro-alloys sales continue to fall on lower ferro-silicon volumes

Brazil’s ferro-alloys exports fell 26.9% year in November on an annual basis, mainly as the result of lower sales volumes of ferro-silicon and ferro-chrome amid uncertainties over energy supply for next year.

The exception continued to be ferro-nickel exports, which once more increased on the annual comparison, according to Brazil’s trade ministry, MDIC.
Brazil shipped abroad a total of 24,903 tonnes of ferro-alloys last month, compared with 34,064 tonnes a year earlier, the figures showed.
Soaring energy costs have been affecting ferro-alloys producers in the country, leading to a drop in the domestic output and changes in commercial strategies, such as in the case of Ferbasa.
Ferro-alloys export revenues amounted to $217.46 million on a fob basis last month, compared with $230.47 million a year earlier, according to the ministry.

Year to November, Brazil’s ferro-alloys exports totalled 335,751 tonnes, compared with 351,448 tonnes...

Published

Danielle Assalve

December 17, 2014

15:36 GMT

São Paulo