Canada: Ferrous scrap exports fall 17% y-o-y in 5MCY'25

Canada: Ferrous scrap exports fall 17% y-o-y in 5MCY’25

  • Canada’s ferrous scrap exports touched 1.49 mnt in 5MCY’25, down 17% from 1.8 mnt in 5MCY’24.
  • However, exports rose 9% m-o-m to 309,227 t in May’25 compared to Apr’25 (284,230 t).
  • Additionally, total scrap exports in May’25 fell 4% from 321,820 t in the May’24.
  • In 5MCY’25, the US received over 80% of Canada’s exports (1.19 mnt), followed by India (0.098 mnt), Pakistan (0.097 mnt), and other Asian countries.