Steel Products Prices North America

September Ferrous Scrap Exports Down 8.4%

Written by Brett Linton

November 22, 2013

September ferrous scrap exports totaled 1,548,020 metric tons (1,706,398 net tons) with Turkey, Korea, Taiwan, China, Mexico, and Canada being the top five recipients of U.S. collected scrap. Of the higher ranking countries in the table below, there was month-over-month increase in exports going to Korea and Mexico over the August figures, but a decrease in exports going to all of the other countries listed.

Total September ferrous scrap exports were 8.4 percent lower than previous month and 5.2 percent lower than the same month one year ago. This decrease over the previous month is primarily attributed to exports going Taiwan, China, and India, although we should point out that there was a significant increase in shipments going to Korea and Mexico also. Compared to the same month one year ago, Turkey and India received fewer tons of scrap, while exports going to Taiwan, China, Korea, Egypt, and Mexico all increased.

Brett Linton

Brett Linton is a senior analyst for Steel Market Update, where he began his career. Linton has been in the steel industry since 2010. He has held roles as a category manager and strategic insights director at Reibus before returning to SMU in 2024. He is a graduate of The University of North Georgia with a degree in Finance and Accounting. Brett can be reached at brett@steelmarketupdate.com or 724-314-0179.

Read more from Brett Linton

Latest in Steel Products Prices North America