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February wire rod exports from Brazil slump even as imports soar, SECEX says-Spring Industry Exhibition -The 26th China(Guangzhou)International Spring Industry Exhibition
3/17/2026 弹簧展 - Spring Industry Exhibition |
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Wire rod exports from Brazil totaled a paltry 32,400 metric tons (mt) during February, off nearly 54 percent fromthe 69,600 mt recorded a month earlier for January, according to data released today from the BrazilianSecretariat of Foreign Trade (SECEX), part of the countries'' Ministry of Industry, Development and Foreign
Trade.
The decline refects chiefly exports to the US, which were reduced by 73 percent, SECEX said, reaching 10,800mt, on average at $693/mt, FOB conditions.
Other export destinations were South American countries (20,800 mt at $565/mt, and Canada (800 mt at$848/mt).
The exporters were ArcelorMittal (18,100 mt), and Gerdau (14,300 mt).
Meanwhile, Brazil imported 6,200 mt of wire rod in February, up nearly 48 percent from the 4,200 mt recorded amonth earlier.
The origins of the imports in February were Egypt, (4,700 mt at $546/mt, China ,(1,200 mt at $507/mt, andEurope (300 mt at $970/mt), also FOB conditions.
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