Economy
June 28, 2018
U.S. Ferrous Scrap Exports Up in 2018
Written by Peter Wright
U.S. scrap exports expanded by 31 percent in the first four months of 2018, while total global scrap trade has been trending up since Q1 2016.
Steel Market Update performs this analysis quarterly to help readers understand the gyrations of the domestic scrap market and where the U.S. stands as a global player. This data is a quarter in arrears because some nations are slow to report, but we still believe it gives a valuable perspective on global trends and is the foundation of where we are today. All tonnages in this report are metric.
