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US scrap iron exports exceed 2 million mt in May

According to the latest figures from the US International Trade Commission, US iron and steel scrap exports totaled 2,029,311 mt in May 2021, a 24.5 percent increase month – on – month and a 41.6 percent increase year-on-year.

Mexico was the largest recipient of US iron and scrap exports in May with 331,738 mt, up 35.2 percent month-on-month and up 153.2 percent year-on-year. Other notable destinations in May include: Turkey, with 284,625 mt; Vietnam, with 279,584 mt; Malaysia, with 244,864 mt; and Bangladesh, with 221,483 mt.

 

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