Brazilian producers are negotiating wire rod of the mesh grade for export to South American countries in a price range of $640/mt to $670/mt FOB, against a range of $630/mt to $660/mt last week, a local market source told SteelOrbis.
The source, linked to a local exporter, said that he is not aware of recent wire rod export deals closed for destinations other than South American countries.
In September, wire rod of the mesh grade was exported from Brazil at an estimated $668/mt, FOB conditions, with price deals probably closed in July.