Scrap Trade by World Countries Exhibited Mixed Trend

SEATTLE (Scrap Monster):  The trade statistics released by the Brazilian government authorities indicate notable surge in scrap exports through April this year. The country exported nearly 264,000 tons during this period, significantly higher by 120.7% from the prior year. The country imported around 4,000 tons of scrap during this period.

For the month of April 2020 alone, the exports surged higher by 16% year-on-year to 53,200 tons. The monthly import volume was down by 22% to nearly 800 tons.

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The scrap imports by the country totalled around 269,000 tons in the month of April this year, said latest data published by the Taiwanese Customs Department. Over the prior month, imports registered a decline of 12%. The U.S. was the largest supplier, shipping nearly 125,000 tons. The other key sources of import were Japan and Australia, whose supplies totalled 93.000 tons and 14,000 tons respectively. Meantime, the scrap exports by the country recorded 13% year-on-year slump.

The Turkish Statistical Institute (TUIK) data suggests that scrap imports by the country during the initial quarter of the year surged higher by almost 36% to 5.3 million tons, when compared with the prior year quarter. The key supplier was the U.S., whose scrap shipments to Turkey totalled around 984,000 tons. The other major suppliers were the Netherlands (around 790,000 tons) and the UK (around 579,000 tons).