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Brazil's wire rod exports rise, imports fall in October

Brazil’s wire rod exports saw a significant increase in October, reaching approximately 16,000 tons, a 60% rise compared to the previous month.

Brazil's wire rod exports rise, imports fall in October

The majority of these exports were destined for the United States, which received around 12,000 tons, followed by the Dominican Republic with 3,300 tons. ArcelorMittal was the leading supplier, contributing nearly 13,000 tons to the total export volume.

In the same period, Brazil's wire rod imports fell by 27.5% m-o-m to around 15,000 tons. China and Russia topped the list of importing countries with around 7,000 tons of supplies.

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