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15 Mar
11:02

Brazil’s scrap exports fall again in February

Brazil saw ferrous scrap exports fall for the third consecutive month in February, but shipments were higher year-on-year, Kallanish notes. According to the Brazilian Ministry of Development, Industry and Foreign Trade (Mdic), scrap exports reached 32,200 tonnes in the month, down by 15.7% compared to January but up 36.2% y-o-y. Two-month supplies abroad rose 65.1% on-year to 70,395t. The fob value of these shipments amounted to $37.2 million, up 100.1% over Janu…
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