Brazilian rebar export prices decline week-on-week

Friday, 27 September 2019 21:03:50 (GMT+3)   |   Sao Paulo

After following a pattern of oscillation over the last few weeks, the reference price range for the export of rebar by Brazilian producers to South American countries is now $530/mt to $540/mt, against $540/mt to $550/mt last week, FOB conditions for the CA-50 grade, a local market source told SteelOrbis.

The source mentioned that reduced demand from South American countries and a lackluster domestic housing sector are negatively affecting prices, which could be further reduced over the coming weeks.

Most Recent Related Articles

Price roughly stable for Brazilian rebar export offers

Brazilian iron ore prices continue uptrend

Brazilian slab export offers increase week-on-week

Brazilian wire rod export offers unchanged over the week

Price remains stable for Brazilian rebar export offers