USA: Ferrous scrap exports drop 18% on month in Dec’21

  • US ferrous scrap exports fell by 18%, m-o-m, to 1.09 mnt in Dec’21 against 1.33 mnt in November, as per customs data.
  • Turkey was the top importer with 0.24 mnt, followed by Mexico and Taiwan with 0.18 mnt and 0.10 mnt, respectively.
  • On a year-on-year basis, too, US export volumes were down by 8% from 1.18 mnt in Dec’20.

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