US scrap import volume increased 26 percent in H1

Tuesday, 15 August 2017 21:57:22 (GMT+3)   |   San Diego

US scrap import volumes increased to 2,501,008 mt in H1 2017, up 26.48 percent compared to the 1,977,348 mt import total in the same period the previous year. By value, US scrap imports increased by 70 percent to $777 million in H1 2017 from $459 million in H1 2016.

The same five destinations dominated both H1 2016 (94 percent of share) and H1 2017 (98 percent of share) in terms of volume. In terms of value, the five destinations contributed 98 percent in H1 2017 and 97 percent in the same period year-on-year.

 US imports

H1 2017

H1 2016

 

in mt

in dollars

in mt

in dollars

Canada

      1,635,200

 $486,942,036

          1,406,934

 $316,614,577

UK

         378,698

 $112,888,847

              164,037

 $34,187,272

Mexico

         172,802

 $80,394,240

              114,597

 $42,571,812

Netherlands

         127,968

 $34,432,606

              113,678

 $24,079,748

Sweden

         125,296

 $35,568,469

              147,991

 $24,079,748

Other

            61,044

 $27,147,009

                30,111

 $17,911,858

Total

      2,501,008

 $777,373,207

          1,977,348

 $459,445,015

 

 Y-on-Y

change

 

in mt

in dollars

Canada

       228,266

 $170,327,459

UK

       214,661

 $78,701,575

Mexico

         58,205

 $37,822,428

Netherlands

         14,290

 $10,352,858

Sweden

       (22,695)

 $11,488,721

Other

         30,933

 $9,235,151

Total

       523,660

 $317,928,192


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