US scrap exports reached nearly 2 million MT in July, up by 3.6% Y-o-Y

It
is reported that the US has exported 1.939 million MT of scraps in July, up by
3.6% from the same period in year 2011. It is also up by 1.6% from June 2012.

Turkey
continues to remain the top importer of US scrap with 6,09,0000 MT of scrap, up
by 61 percent Y-o-Y.

Following
are the export quantities (In MT, country wise):

Taiwan: 354,000,
up by 20.9% Y-o-Y

China: 220,000
MT, down by 31.9% Y-o-Y

South Korea: 153,000
MT, down by 22% Y-o-Y

Further,
US exported 13.219 million MT of scraps during the period of Jan-July 2012,
decline by 6.1% Y-o-Y. During the same period (Jan-July 2012), following were
the major importers of US scrap (In million MT, country wise):

Turkey: 3.915,
up by 27.9% Y-o-Y

Taiwan: 2.122,
up by 12.3% Y-o-Y

South Korea:
1.865, down by 0.4% Y-o-Y

China: 1.369,
down by 43.2% Y-o-Y