Tag: USA ferrous scrap
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US: Ferrous scrap exports fall 4% m-o-m in Jul’24 amid weak demand from major buyers
In July 2024, US ferrous scrap exports decreased by 4% m-o-m to 1.24 million tonnes (mnt) from 1.29 mnt in June, according to customs data compiled by BigMint. However, July scrap exports rose significantly by 39% y-o-y compared to 0.89 mnt recorded during the same month in 2023. Exports decreased 10% y-o-y to 8.51 mnt…