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13 Mar
12:35

Brazil’s February ferrous scrap exports rise

Brazil saw ferrous scrap exports grow month-on-month in February and they were also up on-year, Kallanish notes. Meanwhile, imports remained insignificant in the month. According to the Brazilian Ministry of Development, Industry and Foreign Trade (Mdic), scrap exports reached 59,400 tonnes in the month, a growth of 56.7% compared to January, and 84.4% higher y-o-y. This volume was the largest shipped abroad since April 2022, when the country exported 71,900t of …
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