Steel Products Prices North America
May 11, 2015
US Scrap Exports Faltered During 1st 3 Months 2015
Written by Peter Wright
In the twelve months of 2014, scrap exports totaled 15,308,000 tonnes, down by 17.1 percent from the same period in 2013. In the first three months of this year exports were 3,254,765 for an annual rate of 13,019,060 tonnes. The tonnages shown in Figure 1 are based on three month moving averages for 2015 and on the twelve month average for previous years. The graph shows that the monthly average declined for three consecutive years, 2012 through 2014 and the decline continued through January and February this year. March saw a trend reversal.
