Offers decline for Brazilian rebar exports to South American countries

Tuesday, 28 June 2022 19:27:13 (GMT+3)   |   Sao Paulo
       

The reference price for Brazilian rebar exports is $950/mt, against $1,100/mt three weeks ago, FOB conditions for the CA-50 grade, for sales to South American countries.

In May, Brazil exported 40,100 mt and imported 8,800 mt of rebar, against respectively 59,700 and 5,200 mt in April.

The exports in May were all destined to South American countries, in average at $809/mt, while the imports were all from Turkey, at $792/mt, both FOB conditions. The exporters in May were Gerdau (23,200 mt at $753/mt) and ArcelorMittal (16,900 mt at $886/mt).

In the Brazilian domestic market, rebar is offered by producers in medium to large volumes at BRL 6,000/mt ($1,145/mt), against BRL 6,400/mt three weeks ago, ex-works, full taxes except IPI, for the supply in the country’s southeast and south regions.

USD = BRL 5.24 (June 28)


Similar articles

Domestic rebar prices in Taiwan - week 13, 2024

29 Mar | Longs and Billet

Import longs offers in Romania now attractive, local prices stable

28 Mar | Longs and Billet

Turkish domestic dollar-based rebar spot prices soften

28 Mar | Longs and Billet

Major steel and raw material futures prices in China - March 28, 2024

28 Mar | Longs and Billet

Rebar consumption in Mexico decreases 3.1 percent in January

27 Mar | Steel News

US rebar prices mostly stable with occasional deals

27 Mar | Longs and Billet

Downtrend reverses in Pakistan’s import scrap segment

27 Mar | Scrap & Raw Materials

Turkey seeks to raise rebar export offers, demand mostly seen locally

27 Mar | Longs and Billet

Iskenderun-based Turkish mill increases its rebar price      

27 Mar | Longs and Billet

Major steel and raw material futures prices in China - March 27, 2024

27 Mar | Longs and Billet