US iron and steel scrap exports down 7.6 percent in February

Monday, 06 April 2020 18:52:38 (GMT+3)   |   San Diego
       

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.


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