Tag: Canada’s ferrous scrap exports rise 27% despite lower steel output in Q1CY’26

Weak domestic metallics consumption supports higher scrap exports US continues to dominate as largest importer of Canadian ferrous scrap  Canada’s ferrous scrap exports increased by 27% y-o-y to 1.14 mnt in Q1CY’26 from 0.90 mnt in the corresponding period last year. The increase was primarily driven by weaker domestic metallics consumption, which reduced local scrap…