US remains top ferrous scrap exporter
Apr 30, 2013 | 03:02 PM
| Sean Davidson
NEW YORK The U.S. continued its reign as the worlds largest exporter of ferrous scrap last year despite a drop in volumes shipped overseas.
A quarterly report released this week by the Bureau of International Recycling (BIR) showed that U.S. exporters shipped nearly 21.4 million tonnes of ferrous scrap in 2012, or about 2 million tonnes more than the cumulative total exported by the 27 European Union countries.
U.S. exports dropped 12.2 percent from 24.37 million tonnes in 2011 as shipments to China tumbled 54 percent to 1.95 million tonnes from 4.23 million tonnes in the same comparison and domestic scrap usage increased 9.4 percent to 61.7 million tonnes.....
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