According to the latest figures from the US International Trade Commission, US iron and steel scrap exports totaled 1,436,500 mt in February 2020, a 7.6 percent decrease month-on-month but a 21.7 percent increase year-on-year.
Turkey was the largest recipient of US iron and scrap exports in February with 221,113 mt, down 35.6 percent month-on-month and down 25.8 percent year-on-year. Other notable destinations in February include: Malaysia, with 148,903 mt; Taiwan, with 124,400 mt; Bangladesh, with 121,951 mt; and India, with 107,686 mt.
In terms of value, US iron and steel scrap exports totaled $418.1 million in February 2020, a 5.9 percent increase compared to January and a 13.9 percent increase compared to February 2019.