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10 Dec
08:22

Brazil’s scrap exports slump in November

Brazilian ferrous scrap exports decreased sharply in November, reaching their lowest level since February 2019, according to the latest Brazilian Ministry of Development, Industry and Foreign Trade (Mdic) data monitored by Kallanish. Shipments of scrap were just 30,200 tonnes in November, -52.3% less compared to October and down -59.1% on-year. This is the lowest export tonnage in the last 21 months. In February 2019 ferrous scrap exports reached 26,800t, Mdic dat…
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