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US March scrap exports surge by 13.8% y-o-y

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According to statistics, the US exported 2.155 million tons of scraps in March, rising by 13.8% year on year, the first time to exceed 2 million since last September.

In March, Turkey was the largest importer of the US scrap with 562,000 tons, soaring by 76.7%; South Korea was the second largest one with 353,000 tons, rising by 25.6%; Taiwan was the third largest one with 347,000 tons, increasing by 46.9% and China was the fourth largest one with 305,000 tons, down by 16.5%, all compared to that in the same period of a year earlier.

In the first three quarter of this year, the US exported 5.439 million tons of scraps, up by 7.7% year on year.

It’s estimated that the country would export 21.75 million tons of scraps in the whole 2012.
News Date 16 May 2012 13:13:59 reported by Nann Cheng

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