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14 Feb
10:47

Brazil’s ferrous scrap trade jumps in January

Brazil saw ferrous scrap exports grow month-on-month in January. They were down on-year although insignificantly, Kallanish notes. Meanwhile, imports remained higher in the month. According to the Brazilian Ministry of Development, Industry and Foreign Trade (Mdic), scrap exports reached 37,891 tonnes in the month, a growth of 75.5% compared to December 2022, and 0.8% less y-o-y. The fob value of these shipments amounted to $13.85 million, 25.7% weaker over Janua…
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