Brazil's rebar exports fell by 79% in August due to lack of supplies to Peru

Brazil exported 9,400 tons of rebar and imported 1,800 tons in August, down respectively from 44,800 tons of exports and 19,600 tons of imports in July, according to Secex, the secretariat for foreign trade of Brazil's Ministry of Development, Industry and Foreign Trade.

The decrease reflects a lack of exports to Peru in August, compared with 23,800 tons in July, while the decrease in imports reflects a 91 percent decrease in shipments from Peru. Egypt.

All exports went to South American countries, at an average price of $699 per ton on FOB terms. ArcelorMittal shipped 7,300 tons at a price of $691 per ton, while Gerdau shipped 2,100 tons at a price of $726 per ton on FOB terms.

Imports It was shipped from Egypt (1,600 tons at a price of $573 per ton), which is 91 percent less than in July, and Russia, 200 tons at a price of $473 per ton, also on FOB terms.

Small imports from Germany were valued at $1,618 per ton, which clearly does not reflect the market price