According to the latest figures from the US International Trade Commission, US iron and steel scrap exports totaled 1,462,505 mt in July 2018, a 16.7 percent increase month-on-month and a 15.8 percent increase year-on-year.
Turkey was the largest recipient of US iron and scrap exports in July with 367,478 mt, which surged up 150.5 percent month-on-month and increased 20.8 percent year-on-year. Other notable destinations in July 2018 include: Mexico, with 152,007 mt; Taiwan, with 126,605 mt; Canada, with 124,143 mt; and Bangladesh, with 109,307 mt.
In terms of value, US iron and steel scrap exports totaled $496.5 million in July 2018, a 12.1 percent increase compared to June and a 26.8 percent increase compared to July 2017.