Tag: steel tariffs impact US
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US scrap exports fall to lowest level in two decades in 2025 on rising domestic consumption
Better mill utilisation, higher crude steel output boost scrap demand Turkiye remains top destination; Mexico imports drop 45% Net scrap trade balance narrows to below 8 mnt on rising imports Morning Brief: US ferrous scrap exports totaled 12.1 million tonnes (mnt) in 2025, down 16% y-o-y from 14.5 mnt in 2024, marking the lowest level…