Tag: global scrap trade flows
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US: Ferrous scrap exports fall 18% y-o-y in 11MCY’25 amid weak Turkish demand, competitive pressures
Turkiye turns to imported billets over scrap due to cost efficiency Lower bulk purchases from Bangladesh, Mexico weigh on volumes US ferrous scrap exports fell 18% y-o-y to 11.16 million tonnes (mnt) in January-November 2025 (11MCY’25) from 13.67 mnt in the same period of 11MCY’24. In November 2025, exports reached 1.23 mnt, up 60% m-o-m…