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Brazilian wire rod exports increase sharply in May

Tuesday, 11 June 2024 09:30:00 (GMT+3)   |   Sao Paulo

Wire rod exports from Brazil have reached 28,700 mt in May, against 13,400 mt in April, according to customs.

The exports of April were destined to South American countries (17,300 mt at $629/mt), the US (9,700 mt at $804/mt), the Dominican Republic (1,400 mt at $591/mt) and Taiwan (300 mt at $636/mt), all FOB conditions.

The exports were from ArcelorMittal (28,000 mt at $687/mt)), and Simec (700 mt at $550/mt).

Meanwhile, Brazil imported 15,600 mt of wire rod in May, against 19,300 mt in April.

The imports were from China (14,600 mt at $553/mt), Egypt (500 mt at $634/mt) , and Europe (500 mt at $1,046/mt), also FOB conditions.


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