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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