Industry News

Brazil’s steel bar exports fall in Jul

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Update time : 2022-08-30 17:55:25
According to statistics from the Brazil Ministry of Development, Industry and Foreign Trade (MDIC), Brazil’s steel bar exports totaled around 96,000 tons in July this year, dropping by 29% compared to the previous month while rising by nearly 31% from the same month a year ago. The figure hit the second-highest this year so far.

During the period, the value of these exports was up by 72.4% year on year to US$109 million.

In the first seven months of this year, Brazil’s steel bar exports amounted to approximately 805,000 tons, a year-on-year hike of 56%, with a value surging by 101% year on year to US$792 million.
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