Brazil's ferrous scrap exports increased

Brazil's ferrous scrap exports increased on a monthly and annual basis in March 2023

Brazil's ferrous exports increased by 20.2% compared to February, and by 42% compared to March 2022, reaching approximately 71,400 tons.

Brazil's ferrous scrap imports increased on a monthly basis, but decreased on an annual basis

Although Brazil's ferrous scrap imports increased by 241.1% on a monthly basis in March, they decreased by 4.4% on an annual basis. In the January-March period, it decreased to 6,000 tons with a yearly decrease of 7,600.