US scrap exports hit 2.155 million tons in March

Metal Recycling News  |  2012-05-17 04:21:14   |   By

United States exported 2.155 million tons of scraps in March this year, advanced by 13.8% year-on-year, the first time to exceed 2 million since last September, as per latest official data.

WASHINGTON (Scrap Monster): United States exported 2.155 million tons of scraps in March this year, advanced by 13.8% year-on-year, the first time to exceed 2 million since last September, as per latest official data.

In March, Turkey was the largest importer of the US scrap with 562,000 tons, soared by 76.7%; South Korea was the second largest one with 353,000 tons, increased by 25.6%; Taiwan was the third largest one with 347,000 tons, increased by 46.9% and China was the fourth largest one with 305,000 tons, down by 16.5%, all compared to that in the same period of a year earlier.

In the first three quarter of this year, the US exported 5.439 million tons of scraps, up by 7.7% year on year. It is estimated that the country would export 21.75 million tons of scraps in the whole 2012.