According to the latest figures from the US International Trade Commission, US iron and steel scrap exports totaled 1,099,822 mt in May, a 6.5 percent decrease month-on-month and a 17.2 percent decrease year-on-year.
India was the largest recipient of US iron and scrap exports in May with 177,813 mt, which surged up 181.8 percent month-on-month and increased 55.7 percent year-on-year. Other notable destinations in May include: Turkey, with 177,202 mt; Mexico, with 154,065 mt; Taiwan, with 128,225 mt; and Canada, with 89,557 mt.
In terms of value, US iron and steel scrap exports totaled $363.9 million in May, a 10.3 percent decrease compared to April and a 6.6 percent decrease compared to May 2016.