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Brazilian wire rod exports continued to recover in May. Shipments increased on-month and were also higher year-on-year for the fourth consecutive month. Brazil exported 4,990 tonnes of wire rod in May, up 4.6% over April and 8.7% more y-o-y, according to the latest Brazilian Ministry of Development, Industry and Foreign Trade (Mdic) report monitored by Kallanish. Five-month-through-May shipments reached 22,356t, up by 3.7% compared to January-May 2021, according …
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