Chilean rebar sales volumes in March declined 4.5 percent, year-over-year, to 56,694 mt, according to a report from the local Chamber of Civil Construction, CChC. Chilean rebar sales volumes in March rose 14.1 percent, month-over-month, from 49,175 mt.
As for Q1, Chilean rebar sales volumes reached 152,044 mt, 0.6 percent down, year-over-year, after Chilean rebar sales volumes remained stable in January and February this year at 49,175 mt.
SteelOrbis understands Chilean rebar sales volumes in April this year should represent a significative year-over-year increase, given the fact rebar sales shipments were hit the most in April 2020 due to Covid-19.