Costa Rica’s steel, rolled iron exports up 14% in 2011

Costa Rica exported $59.9 million-worth of steel and rolled iron products during 2011, according to figures published by the Foreign Trade Corp of Costa Rica (Procomer).

Paragraph entered by Atlantic migration, in order for SteelFirst articles to display correctly on Metal Bulletin.

This was an increase of 13.7% over the $52.7 million-worth reported in 2010.

Exports reached only 43,930 tonnes last year, however, slightly down from 44,045 tonnes the year before.

The number of countries that received exports from the Central American state decreased from 28 to 16 over the 2007-11 period, Procomer said.

Last year, Costa Rica exported $21.8 million-worth of steel and rolled iron products to Nicaragua, up from $15.8 million in 2010, while exports to Guatemala reached $19 million.

Shipments to El Salvador achieved $10 million, while exports to Honduras reached $6.4 million.

Exports to other countries reached a combined $2.8 million, down from $7 million, Procomer said.

What to read next
Fastmarkets launches MB-NI-0256 nickel low-carbon briquette premium, cif global, $/tonne, on Wednesday May 1.
Fastmarkets will amend its MB-STE-0092 steel reinforcing bar (rebar) domestic, exw Poland, zloty/tonne price assessment on Friday May 3.
Just under two weeks ago, the chair of BHP made a phone call to his counterpart at mining peer Anglo American and set in motion a flurry of activity designed to create the largest copper producer in the world
Ferrous scrap could serve as a linchpin in decarbonizing both the steel and shipping sectors in South Korea, particularly in the short term, while waiting for emerging technologies such as hydrogen-based direct-reduced iron to be commercialized, Fastmarkets heard at a seminar on green steel and circularity
The suspension of South32’s manganese ore operations at Groote Eylandt Mining Co (GEMCO) in Australia has been changing demand patterns among manganese ore buyers in Asia and this will benefit other manganese ore miners, market participants said on Wednesday April 24
The Brazilian Executive Management Committee for the Foreign Trade Chamber (Gecex-Camex) decided to increase steel import duties during one year to 25%, while establishing import volume quotas for 11 steel products, according to a document published on Tuesday April 23