Brazil’s August steel scrap exports down 20% y-o-y with focus on local market

摘要

Brazilian ferrous scrap exports fell both year on year and month on month in August while suppliers shifted their focus to the domestic market, data published this week by the country’s ministry of the economy shows. Scrap exports reached 55,377 tonnes in August, a 19.7% year-onyear decrease from 69,000 tonnes in 2019 and a 27.6% drop in comparison with 79,460 tonnes in July of this year.