This rise occurs in a 13.3% general drop in Brazilian exports to the US market
In March, it recorded a significant increase of 23.9% in gross steel exports to the. This rise occurs in a 13.3% general drop in Brazilian exports to the US market, according to data released by the Ministry of Development, Industry, Commerce and Services (MDIC).
The decrease in total exports was driven by a strong retraction in sales of products such as oil oils, which dropped 90%. In addition, exports of engineering equipment facilities fell 21.7%, while aircraft and other equipment had a 62%reduction.
Although the increase in gross steel exports is remarkable, the MDIC has not confirmed whether this elevation is directly linked to a shipping anticipation strategy to avoid higher rates that could be imposed. This possibility, however, is a hypothesis that circulates between sector analysts.
*Report produced with the aid of AI
Posted by Nátaly Tenório
