Brazilian producers are negotiating wire rod of the mesh grade for export to South American countries in a price range of $620/mt to $650/mt FOB, against $640/mt to $670/mt FOB last week, local market sources told SteelOrbis.
In October, ArcelorMittal exported 13,800 mt of wire rod, in average at $637/mt, while Gerdau exported 12,100 mt at $668/mt, both FOB conditions and price deals probably closed in August.