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

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

  • Canada’s ferrous scrap exports declined by 17% to 1.49 mnt in 5MCY’25 from 1.8 mnt in 5MCY’24.
  • However, exports increased by 9% to 309,887 t in May’25 from 284,230 t in Apr’25.
  • On a y-o-y basis, exports decreased by 4% from 321,820 t in May’24.
  • In 5MCY’25, the US led among importers with 1.19 mnt, accounting for 80% of the total volume, followed by India (98,408 t) and Thailand (88,192 t).