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20 Feb
14:00

Brazil's January wire rod exports increase sequentially

Brazilian wire rod exports rose on-month in January but were weaker year-on-year, Kallanish notes. Exports reached 3,699 tonnes, which is 19% higher than December’s 3,110t but 19.3% less y-o-y, according to the latest Brazilian Ministry of Development, Industry and Foreign Trade (Mdic) report. The main destination for these was Latin America, with Argentina having a 36% share. Paraguay and Bolivia each took 11% of shipments, while the UK absorbed 8.8% of Br…
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