USA: Ferrous scrap exports rise 11% m-o-m in August

  • Ferrous scrap exports from the USA increased by 11% m-o-m to 1.37 mnt in Aug’22 against 1.23 mnt in July, as per SteelMint data.
  • Turkiye became the top importer at 0.34 mnt followed by India and Bangladesh at 0.26 mnt and 0.19mnt, respectively.
  • A total volume of 11.3 mnt has been exported by the country from Jan-Aug’22, a 9% decline as compared to CPLY as per Customs data.

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