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    December 9, 2014

    October Ferrous Scrap Exports Up MOM and YOY

    Written by Brett Linton

    October ferrous scrap exports totaled 1,473,856 net tons (1,337,061 metric tons) with Turkey, Taiwan, Korea, Canada, and Saudi Arabia being the top five countries receiving scrap from the United States. These five countries accounted for 72.4 percent of all scrap exports.

    Total October ferrous scrap exports were 14.9 percent higher than previous month and 1.5 percent higher than the same month one year ago. Scrap going to many of the big players increased month over month, with Korea and Canada up nearly 50 percent. Compared to the same month one year ago, there are significant differences in tonnage levels going to the select countries we follow, but the overall results shows exports up 22,012 tons.

    Brett Linton

    Brett Linton is a digital operations 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.

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