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THE I SR I SCRAP YEARBOOK

2016

INSTITUTE OF SCRAP RECYCLING INDUSTRIES, INC.

28

U.S. Ferrous Scrap Exports

Thanks to our large industrial base

and existing supply of obsolete

scrap, the U.S. is the world’s

leading ferrous scrap exporting

country. Key export markets for

ferrous scrap in recent years have

included Turkey, Taiwan, Mexico,

South Korea, India, and Canada.

In 2015, the U.S. exported 11.7

million metric tons of ferrous

scrap (excluding stainless and

alloy steel scrap) valued at $3.1

billion to nearly 75 countries

worldwide. Slower global

economic growth, diminished

Chinese demand for ferrous scrap

imports and falling commodity

prices have all impacted U.S.

ferrous scrap export volumes

since 2011.

0

5,000,000

10,000,000

15,000,000

20,000,000

25,000,000

2011

2012

2013

2014

2015

U.S. Ferrous Scrap Exports by Major Destination, 2011 - 2015

Metric tons

Source: U.S. Census Bureau/U.S. International Trade Commission

Others Egypt

China

Canada

India

Korea

Mexico

Taiwan

Turkey

U.S Ferrous Scrap Exports by Major Destination, 2011 - 2015

metric to s