Home News Popular information The United States scrap exports to Turkey is down to minimum in past 7 years

Popular information

The United States scrap exports to Turkey is down to minimum in past 7 years
  • 2017-05-20

According to the Americal Commerce Department and the United States international trade commission data,  the scrap export is 542000 tons in first quarter.  It fell 37.4% year on year. It is the lowest level since 2010. The world's biggest scrap exporter is Americal.  On the contrast ,turkey is one of the biggest importer of steel scrap.

In 2014 and 2015, Turkey stainless steel scrap imports from the United States  every quarter is around 1 million tons . It fells to 800000 tons by 2016.Turkey reduce the procurement of the stainless steel scrap which is beneficial to the European steel scrap resource exports to Turkey. At the same time, billet prices is more competitive from the commonwealth of independent states (cis) and China . It also makes the Turkey to reduced the stainless steel demand .

  

 At present, the biggest buyer of stainless steel scrap is Turkey in Americal.  Mexico stainless steel scrap import is 332000 tons in the first quarter from America. Taiwan, 443000 tons, China 314000 tons, Canada 216000 tons, Vietnam 168000 tons .

Notable Peru stainless steel scrap imports is 158000 tons in the 1st quarter from the United States. It is a high record. Peru stainless steel  scrap import has been increasing in the past 10 years from the United States.

As one main stainless steel industry leader in China ,Congshine always shares latest industry to you. Any stainless steel production question , pls ask us .

 Source: China stainless steel



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