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US Steel Scrap exports almost double in August

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NEW YORK (Scrap Register): United States steel scrap exports advanced sharply by 48.8% to 1.295 million tons during the month of August, as compared to 870,772 tons a month early, as per the latest figures from the US Commerce Department.

However, United States steel scrap exports down 9% to 7.975 million tons during the first eight months of this year, as compared to 8.801 million tons.

During the first eight months of this year Turkey was the biggest importer of steel scrap from United States with a total of 2.033 million tons, which accounts more than one-fourth of the total shipments. Followed by Mexico and Taiwan 966,334 tons and 892,854 tons of imports respectively during January to August.

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