Trade Resources Industry Trends Brazil's Exports of Carbon Steel Wire Rod and Rebar Jumped in April

Brazil's Exports of Carbon Steel Wire Rod and Rebar Jumped in April

According to data released by foreign trade ministry Secex, Brazil's exports of carbon steel wire rod and rebar jumped in April. The country's exports of wire rod surged by 342% from a month ago to 34,685 tons in April. In April, the country's export revenues generated by wire rods totaled US$22.16 million FOB, soaring by 326% from a month ago. Meanwhile, the export prices of wire rods averaged at US$665.7/ton FOB, higher than US$638.9/ton FOB in March. Meanwhile, the rebar exports totaled 29,167 tons, increasing by 16.5% from a month earlier. Its sales revenues of rebar exports totaled US$22.43 million FOB, up by 16.5% month on month.

Source: http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=64694&division=A4
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Brazil's Exports of Wire Rod and Rebar Increase in April
Topics: Metallurgy