Brazil scrap exports up 67% in September on Asian demand

Brazilian ferrous scrap exports rose by 67.2% year-on-year in September on an increase in demand from Asian buyers.

Paragraph entered by Atlantic migration, in order for SteelFirst articles to display correctly on Metal Bulletin.

The country exported 32,213 tonnes of ferrous scrap, against 19,261 tonnes a year earlier, according to domestic customs data.

India was the largest consumer of Brazilian ferrous scrap, taking 10,217 tonnes last month, up from 8,269 tonnes in September 2011.

Exports to Indonesia came to 5,614 tonnes in September.

Brazil did not export any ferrous scrap to the Indonesian market in September 2011, customs data shows.

South Korea imported 5,170 tonnes last month, against only 758 tonnes a year earlier.

What to read next
The publication of Fastmarkets’ Shanghai copper premiums on Monday December 23 were delayed because of a reporter error. Fastmarkets’ pricing database has been updated.
After market feedback, Fastmarkets is extending the consultation period for its proposal to discontinue its MB-STE-0423 Steel scrap shredded, index, delivered Midwest mill, $/gross ton; its MB-STE-0424 Steel scrap No1 heavy melt, index, delivered Midwest mill, $/gross ton and its MB-STE-0882 Steel scrap No1 busheling, indicator, delivered Midwest mill, $/gross ton, effective January 2025.
Fastmarkets invites feedback on the pricing methodology for its aluminium 6063 extrusion billet premiums ddp Italy, ddp North Germany and ddp Spain ahead of the definitive period of the EU’s Carbon Border Adjustment Mechanism (CBAM), which starts from January 2026.
The publication of Fastmarkets’ MB-ALU-0001 Alumina metallurgical grade, exw China, yuan/tonne for Thursday December 12 was delayed because of a reporter error. Fastmarkets’ pricing database has been updated.
The publication of Fastmarkets’ MB-CO-0021 Cobalt hydroxide payable indicator, min 30% Co, cif China assessment on Wednesday December 12 was delayed because of an approver error. Fastmarkets’ pricing database has been updated.
Fastmarkets’ iron ore DR-grade pellet premium indicator was published earlier than scheduled due to an error on Wednesday December 11.