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12 Apr
11:11

Brazil’s March scrap exports grow on-month

Brazil saw ferrous scrap exports rise in March after a three-month fall, Kallanish notes. According to the Brazilian Ministry of Development, Industry and Foreign Trade (Mdic), scrap exports reached 50,200 tonnes in the month, up by 56.2% compared to February and also 125.7% higher y-o-y. Three-month supplies abroad rose 85.9% on-year to 120,612t. The fob value of these shipments amounted to almost $58.8 million, up 89.1% over January-March 2021. The average valu…
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