According to the latest figures from the US International Trade Commission, US iron and steel scrap exports totaled 1,665,578 mt in May 2018, a 7.4 percent increase month-on-month and a 45.6 percent increase year-on-year.
Mexico was the largest recipient of US iron and scrap exports in May with 220,431 mt, which dropped 4.2 percent month-on-month but increased 43.1 percent year-on-year. Other notable destinations in May 2018 include: Turkey, with 215,238 mt; Egypt, with 198,404 mt; Taiwan, with 190,919 mt; and India, with 188,505 mt.
In terms of value, US iron and steel scrap exports totaled $577.4 million in May 2018, a 4.8 percent increase compared to April and a 56.4 percent increase compared to May 2017.