US iron and steel scrap exports drop 28.3 percent in March

Monday, 08 May 2017 23:11:12 (GMT+3)   |   San Diego
       

According to the latest figures from the US International Trade Commission, US iron and steel scrap exports totaled 907,495 mt in March, a 28.3 percent decrease month-on-month and an 8.8 percent decrease year-on-year.
 
China was the largest recipient of US iron and scrap exports in March with 155,719 mt, which surged up 145.7 percent month-on-month and increased 262.0 percent year-on-year. Other notable destinations in March include: Taiwan, with 138,645 mt; Turkey, with 105,194 mt; Mexico, with 96,085 mt; and Canada, with 92,568 mt.
 
In terms of value, US iron and steel scrap exports totaled $305.3 million in March, a 15.9 percent decrease compared to February and a 20.8 percent increase compared to March 2016.

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