Global Scrap Market: U.S. Continues to Increase Share

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This is a quarterly analysis that SMU performs using data from the Iron and Steel Statistics Bureau in the UK. We believe that to improve our understanding of the gyrations of the domestic scrap market we should be aware of where the U.S. stands as a global player. Some nations are slow to report, which results in our analysis being a quarter in arrears, but we believe it gives a valuable perspective of global trends and is the foundation of where we are today. All tonnages in this report are metric.