According to the latest figures from the US International Trade Commission, US iron and steel scrap exports totaled 1,395,027 mt in August 2022, a 4.9 percent increase month-on-month but a 26.1 percent decrease year-on-year.
Turkey was the largest recipient of US iron and scrap exports in August with 339,300 mt, up 132.4 percent month-on-month but down 15.9 percent year-on-year. Other notable destinations in August include: India, with 270,040 mt; Bangladesh, with 192,561; Mexico, with 151,298 mt; and Taiwan, with 107,720 mt.
In terms of value, US iron and steel scrap exports totaled $553.6 million in August 2022, compared to $535.7 million in July and $893.4 million in August 2021.