Brazil Steel Scrap exports plummet during July

Published: Aug 11, 2016 09:45

Save

In July ferrous scrap exports of Brazil decreased 66 percent and totaled 15787 mt.

BRAZIL August 10 2016 4:43 PM

BRASILIA (Scrap Register): In July ferrous scrap exports of Brazil decreased 66 percent and totaled 15787 mt, compared to 44207 mt shipped in a year ago and 63 percent lower than 41361mt exported in June, according to Ministry of Development and Foreign Trade.

Most of the exports went to Asia at an average FPB price of $242/mt, the same price of the year ago, up 10 percent from $217/mt FOB in June.

Ferrous scrap exports through the port of Santos in Sao Paulo state in June totaled 4,301 mt, followed by Manaus port at 4,296 mt.

ferrous scrap exports scrap steel

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn