Brazilian scrap exports rise in August while domestic demand remains subdued

Steel scrap exports in Brazil remain on an upward trend, with local scrap sellers resorting to the export market to compensate for a contraction of the domestic market, national scrap association Inesfa said on Friday September 15.

Exports of steel scrap totaled 64,731 tonnes in August, up by 10.8% from 58,376 tonnes in July, and by 109.7% from 30,864 tonnes in August 2022, according to figures from...

Published

Ana Enis

September 18, 2023

22:15 GMT

São Paulo