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Brazilian exports of wire rod increased

Brazilian exports of wire rod increased by 2.8 thousand tons in July.

Brazilian exports of wire rod increased

In July 2023, Brazil exported 27.9 thousand tons of wire rod compared to 25.1 thousand tons the previous month. In the considered month, the company ArcelorMittal shipped 24.1 thousand tons at a price of $854/t FOB, the company Gerdau - 3.6 thousand tons at a price of $806/ FOB, and the company "Simec" - 200 tons at a price of $989/t FOB.

The destinations of Brazilian exports were the USA - 15.5 thousand tons at a price of $896/t FOB, South American countries - 8.5 thousand tons at a price of $833/t FOB, and the Dominican Republic - 3.9 thousand tons at a price of $697/t FOB.

In July, Brazil imported 20.1 thousand tons of wire rod compared to 16 thousand tons in the previous month. Deliveries from Asian countries amounted to 10.1 thousand tons at a price of $651/t FOB, from Russia - 9 thousand tons ($584/t FOB), and from European countries - 1 thousand tons ($1061/t FOB).

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