Brazilian wire rod exports decline in October

Thursday, 09 November 2023 21:05:29 (GMT+3)   |   Sao Paulo
       

Wire rod exports from Brazil reached 9,300 mt in October, against 22,800 mt in September, according to customs data.

The exports in October were from ArcelorMittal (7,300 mt at $800/mt), and Simec (1,900 mt at $490/mt), FOB conditions.

The destinations were the US (5,600 mt at $812/mt FOB), and South American countries (3,600 mt at $618/mt FOB), while small volumes were shipped to Thailand and Costa Rica.

Meanwhile, Brazil imported 29,600 mt of wire rod in October, against 41,600 mt in September. The imports were from China (27,300 mt at $562/mt), Egypt (1,100 mt at $649/mt), and Europe (1,000 mt at $950/mt), also FOB conditions. Small volumes were imported from Russia and Japan.


Similar articles

Wire rod prices in Taiwanese domestic market - week 17, 2024

26 Apr | Longs and Billet

Stability in southern Europe longs market amid weak demand

26 Apr | Longs and Billet

Romanian mill cuts rebar prices amid very slow demand, traders’ offers stable

25 Apr | Longs and Billet

Ex-China wire rod prices stable, ex-ASEAN mills aim higher amid non-VAT inspections

25 Apr | Longs and Billet

Saudi Arabia’s Hadeed once again keeps offers stable for May

25 Apr | Longs and Billet

Turkey’s Kardemir cuts its wire rod prices

25 Apr | Longs and Billet

Turkey’s Kardemir reduces its wire rod prices for engineering grade products

25 Apr | Longs and Billet

Bulgarian longs market moves down amid sluggish demand

25 Apr | Longs and Billet

Stocks of main finished steel products in China down 5.4% in mid-April

25 Apr | Steel News

China issues serious warnings to non-VAT exporters, effect on prices too uneven so far

24 Apr | Flats and Slab