Prices
April 14, 2016
February Ferrous Scrap Exports Snap Back after January Low
Written by Brett Linton
February ferrous scrap exports totaled 1,137,700 net tons (1,032,105 metric tons) with Turkey, India, Canada, Taiwan, and Korea being the top five countries receiving scrap from the United States. These five countries accounted for 66.6 percent of all scrap exports.
Total February ferrous scrap exports were 87.3 percent higher than previous month. Despite the large month over month increase, February levels are in line with the 2015 monthly average of 1,191,011 tons per month, and January 2016 levels were just abnormally low.
