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Brazil's rebar exports increased by 145% in September as shipments to Peru resumed.

Brazil's rebar exports increased by 145% in September as shipments to Peru resumed.

Brazil exported 23,000 metric tons of rebar and imported 1,600 tons in September, compared with exports of 9,400 tons and imports of 1,800 tons in August, according to Secex, the secretariat for Foreign Trade of the Brazilian Ministry of Development, Industry, Trade and Services (MDIC),

The increase in exports reflects the resumption of September shipments to Peru, which reached 11,400 tons at a price of 572 USD/ton on FOB terms.

All exports were sent to South Korea. The average cost to American countries is $630 per ton shipped by Gerdau (18,200 tons at $613 per ton) and ArcelorMittal (4,800 tons at $693 per ton).

The import was carried out from Egypt at a price of 572 dollars per ton, also on FOB terms, and was intended for the Civil Engineering Association of the southern state of Santa Catarina.

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