Brazil ferrous scrap exports reach record high in 2023 amid India steel boom
February 9, 2024 Comments Off
Brazil set a record high in ferrous scrap export volumes in 2023, with about 800,000 mt of material flowing abroad, more than doubling the 369,305 mt recorded in 2022, according to latest customs’ data analyzed by S&P Global Commodity Insights. India emerged as the primary destination in 2023, taking 63%, or 501,744 mt, of total shipments, surpassing Bangladesh, a traditional…
Brazil ferrous scrap exports reach record high in 2023 amid India steel boom
Brazil set a record high in ferrous scrap export volumes in 2023, with about 800,000 mt of material flowing abroad, more than doubling the 369,305 mt recorded in 2022, according to latest customs’ data analyzed by S&P Global Commodity Insights. India emerged as the primary destination in 2023, taking 63%, or 501,744 mt, of total shipments, surpassing Bangladesh, a traditional…
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