14
Nov
13:08
Brazil’s wire rod trade deficit narrows on-month
Brazil remained a net importer of wire rod in October, Kallanish notes. The country’s trade deficit was almost 16,420 tonnes in the month, narrowing by 6.6% from September but widening by 24.5% 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 20,100t in October, down by 1,100t versus the previous month but 21.8% more year-on-year. Ten-mon…
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Anonymous
Very good overview of the weekly steel market.
Anonymous