Tag: US: Ferrous scrap exports down 15% y-o-y in H1CY’24 on bearish demand in neighbouring countries

In H1CY’24, the export of ferrous scrap from the USA decreased by 15% to 7.28 million tonnes (mnt) from 8.56 mnt in H1CY’23. Similarly, in June, the USA saw a decline of 14% m-o-m in ferrous scrap exports which fell to 1.50 mnt in May from 1.29 mnt in June. Y-o-y, there was a slight…