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Brazil saw ferrous scrap exports grow sharply in April, reaching a seven-month-high, according to Brazilian Ministry of Development, Industry and Foreign Trade (Mdic) data. April scrap exports totalled 71,900 tonnes, up by 43.2% compared to March and also 93.7% higher year-on-year. This volume was the highest supplied abroad since September 2021 when the country shipped almost 73,500t. Four-month exports rose 88.7% on-year to 192,490t. The fob value of these ship…
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