Steel Products Prices North America
August 7, 2015
Scrap Exports Down 9.1% for First 6 Months 2015
Written by Peter Wright
In the first six months of this year bulk scrap exports were 6,893,000 metric tonnes for an annual rate of 13,786,000 tonnes, down by 9.1 percent from the first six months of last year. The tonnages shown in Figure 1 are based on three month moving averages for 2015 and on the twelve month monthly average for previous years. The graph shows that exports declined for three consecutive years, 2012 through 2014 and continued through January and February this year. March saw a trend reversal that continued through May with a small decline in June. In the twelve months of 2014, scrap exports totaled 15,308,000 tonnes, down by 17.1 percent from the same period in 2013.
