Brazils ferrous scrap exports rose year on year in
October on higher demand from Asian countries.
exports totaled 50,888 tonnes last month, up 11.2 percent from
45,761 tonnes in October 2012 and 10.2 percent higher than
Septembers 46,173 tonnes, according to data from
Brazilian foreign trade ministry MDIC.
Indonesia was the
largest consumer of Brazilian scrap, with its intake soaring 75
percent year on year to 18,081 tonnes in October.
Exports to South Korea
nearly quadrupled to 7,955 tonnes during the month from 2,143
tonnes a year earlier.
Meanwhile, scrap sales
to India plunged 87.7 percent to 1,892 tonnes in the same
From January through
October, Brazils ferrous scrap exports reached 373,082
tonnes, up 7.9 percent from 345,913 tonnes a year earlier.
A version of this
article was first published in AMM sister publication Steel