According to the latest figures from the US International Trade Commission, US iron and steel scrap exports totaled 1,266,462 mt in February, a 29.5 percent increase month-on-month and a 22.6 percent increase year-on-year.
Turkey was the largest recipient of US iron and scrap exports in February with 355,516 mt, which surged up 333.5 percent month-on-month and increased 35.7 percent year-on-year. Other notable destinations in February include: Mexico, with 164,493 mt; Taiwan, with 145,119 mt; Vietnam, with 110,816 mt; and Thailand, with 74,964 mt.
In terms of value, US iron and steel scrap exports totaled $363.3 million in February, a 10.6 percent increase compared to January and a 47.4 percent increase compared to February 2016.