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Brazilian exports of semi-finished products were down month-on-month in July but rose on-year, according to Brazilian Ministry of Development, Industry and Foreign Trade (Mdic) data. Imports, meanwhile, sharply increased compared to June, Kallanish notes. Brazilian semis shipments abroad totalled 633,000 tonnes in July, 9.8% less over June but 2.9% higher on the same month last year. July exports by fob value fell by 21.8% on-month, but were up 9.9% on-year a…
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