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13 Jan
11:54

Brazil’s scrap exports fall in December

Brazil saw ferrous scrap exports slightly fall month-on-month in December 2021. Shipments, however, rose year-on-year, Kallanish notes. According to the Brazilian Ministry of Development, Industry and Foreign Trade (Mdic), scrap exports reached 54,200 tonnes in the month, down by just 0.9% compared to November but 38,100t or 236.4% higher y-o-y. In 2021, Brazil supplied abroad almost 509,355t of scrap, a fall of 30.3% y-o-y. The fob value of these shipments howev…
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