Brazilian exports of ferrous scrap rise to Asian countries

Exports of ferrous scrap from Brazil move up sharply to Asian countries like India,Korea and Indonesia. Sources tell that exports from Brazil have almost doubled in last one year on strong demand from Asian countries. Indian being the largest importer of Brazilian exports with over 23,000 mt in the month of November, followed by Indonesia,Korea and Vietnam.Total exports from January to November stands at around 4,00,000 tonnes.


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