The Gyrations of Global Scrap Trade

This is only the third time we have produced a report on global scrap trade. In the future, we will report quarterly because to understand the gyrations of the domestic scrap market we should be aware of where the U.S. stands as a global player. This data is not very current as some nations are slow to report, but we still believe it gives a valuable perspective of global trends and is the foundation of where we are today. To set the scene, Figure 1 shows total scrap exports from the U.S. as reported by the U.S. Department of Commerce on the right axis together with the major destinations reported on the left axis. It shows the monthly average for the years 2004 through 2016 and the three-month moving average for January through April 2017.