March Ferrous Scrap Exports Highest in 2014

March ferrous scrap exports totaled 1,466,528 net tons (1,330,413 metric tons) with Turkey, Taiwan, Korea, Egypt, and Mexico the top five countries receiving U.S. scrap. These countries received 69.3 percent of all scrap exports.

Total March ferrous scrap exports were 11.1 percent higher than previous month but 32.3 percent lower than the same month one year ago. This increase over the previous month is primarily attributed to exports going to Turkey, Taiwan, and Egypt. Compared to the same month one year ago, all of the countries received significantly less shipments in March of this year, while exports going to Mexico significantly increased.

The table below lists the top ten importing countries along with the total amount of exported ferrous scrap.

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{amchart id=”106″ Ferrous Scrap Exports – Total and Top 10 Countries}