US iron and steel scrap exports down 1.8 percent in March

Thursday, 07 May 2020 18:58:01 (GMT+3)   |   San Diego

According to the latest figures from the US International Trade Commission, US iron and steel scrap exports totaled 1,409,989 mt in March 2020, a 1.8 percent decrease month-on-month and a 1.9 percent decrease year-on-year.

Turkey was the largest recipient of US iron and scrap exports in March with 444,587 mt, up 101.1 percent month-on-month and up 19.5 percent year-on-year. Other notable destinations in March include: Mexico, with 192,788 mt; Malaysia, with 157,554 mt; Taiwan, with 142,272 mt; and Korea, with 67,284 mt.

In terms of value, US iron and steel scrap exports totaled $388.2 million in March 2020, a 7.2 percent decrease compared to February and a 14.9 percent decrease compared to March 2019.

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