20
Jun
09:20
Brazil’s wire rod trade deficit narrows in May
Brazil remained a net importer of wire rod in May, Kallanish notes. The country’s trade deficit was almost 10,300 tonnes in the month, narrowing 27.6% and 4.7% respectively over April and compared with the same period in 2022.
According to the latest Brazilian Ministry of Development, Industry and Foreign Trade (Mdic) data, imports of wire rod reached 15,600t in May, down 7.1% versus the previous month and 1.3% less y-o-y. Five-month intake totalled 75,…
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Anonymous
Very good overview of the weekly steel market.
Anonymous