Steel Products Prices North America
August 12, 2014
US Scrap Exports Down 23.5% During 1st Half 2014
Written by Peter Wright
In the 1st half of 2014, scrap exports totaled 7,580,485 metric tons, down by 23.5 percent from the 1st half of 2013. In the single month of June exports were 1,270,041 tons, down from May’s volume of 1.549,070 tons. May had by far the highest tonnage of the year, the June volume was in line with February, March and April. Figure 1 shows that the three month moving average, declined by 1.4 percent in June and continued to be lower than the average in any year from 2007 through 2013.
