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10 May
11:11

Brazil’s ferrous scrap exports remain depressed in April

Brazil saw ferrous scrap exports fall for a fourth consecutive month in April. Shipments were also weaker year-on-year, Kallanish notes. Imports remained insignificant in the month. According to the Brazilian Ministry of Development, Industry and Foreign Trade (Mdic), scrap exports totalled 34,600 tonnes in April, a decrease of 2,100t compared with March and 58.1% less y-o-y. The fob value of April shipments amounted to $14.5 million, down 1.4% from the previous …
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