According to data released by Brazil's secretary of foreign trade Secex, the country’s shipments of steel long products totaled 47,587 tons in November, slumping by 21% from a month ago.

In November, the country’s export revenues generated by steel long products amounted to US$34.3 million FOB, decreasing by 22% year on year.

In the January-November period, Brazil’s shipments of steel long products amounted to 573,387 tons, soaring by 17% year on year. The export revenues were at US$409.9 million FOB, rising by 7% year on year.