US iron and steel scrap exports down 20.8 percent in January

Friday, 29 March 2019 22:14:48 (GMT+3)   |   San Diego

According to the latest figures from the US International Trade Commission, US iron and steel scrap exports totaled 989,159 mt in January 2019, a 20.8 percent decrease month-on-month and an 11.9 percent decrease year-on-year.

Turkey was the largest recipient of US iron and scrap exports in January with 155,541 mt, down 24.9 percent month-on-month and down 49.5 percent year-on-year. Other notable destinations in January 2019 include: Canada, with 137,117 mt; Taiwan, with 103,972 mt; Mexico, with 103,668 mt; and Korea, with 100,392 mt.

In terms of value, US iron and steel scrap exports totaled $317.7 million in January 2019, a 25.6 percent decrease compared to December and a 14.8 percent decrease compared to January 2018.

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