Major exporting countries of steel scrap in 2016, ranked by export volume (in 1,000 metric tons)

Steel scrap - major exporting countries based on volume 2016 This statistic represents the major exporting countries of steel scrap in 2016, ranked by export volume. With steel scrap exports amounting to approximately 13 million metric tons, the United States was ranked as the second largest exporter of steel scrap worldwide.
Steel scrap exports

Steel is one of the most extensively applied materials in the construction sector and in the manufacture of transportation equipment. Increased demand from companies in these industries continues to drive prices higher. Therefore, steel is simply too lucrative to be allowed to go to waste. As with many metals, the commodity can recycled and reused. In order to cut costs, the steel industry has taken to collecting scrap from waste streams, wrecked automobiles, dismantled buildings or other industrial sources, after which it is melted into new products. The use of recycled materials also provides environmental benefits such as energy savings and a reduced amount of materials in the municipal solid waste stream. In the United States, more than 90 percent of recycled metals are in fact steel.

The United States was ranked as the second largest exporter of steel scrap in 2016. That year, the largest share of U.S. steel exports went to Turkey. With steel scrap imports of about 17.7 million metric tons, Turkey was the leading steel scrap importing country worldwide.

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Export volume in thousand metric tons
EU-2817,807
U.S.13,230
Japan8,706
Russia5,573
Canada3,632
Australia1,583
Hong Kong1,347
Singapore1,048
South Africa0.64
Export volume in thousand metric tons
EU-2817,807
U.S.13,230
Japan8,706
Russia5,573
Canada3,632
Australia1,583
Hong Kong1,347
Singapore1,048
South Africa0.64
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This statistic represents the major exporting countries of steel scrap in 2016, ranked by export volume. With steel scrap exports amounting to approximately 13 million metric tons, the United States was ranked as the second largest exporter of steel scrap worldwide.
Steel scrap exports

Steel is one of the most extensively applied materials in the construction sector and in the manufacture of transportation equipment. Increased demand from companies in these industries continues to drive prices higher. Therefore, steel is simply too lucrative to be allowed to go to waste. As with many metals, the commodity can recycled and reused. In order to cut costs, the steel industry has taken to collecting scrap from waste streams, wrecked automobiles, dismantled buildings or other industrial sources, after which it is melted into new products. The use of recycled materials also provides environmental benefits such as energy savings and a reduced amount of materials in the municipal solid waste stream. In the United States, more than 90 percent of recycled metals are in fact steel.

The United States was ranked as the second largest exporter of steel scrap in 2016. That year, the largest share of U.S. steel exports went to Turkey. With steel scrap imports of about 17.7 million metric tons, Turkey was the leading steel scrap importing country worldwide.

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Release date
May 2017
Region
Worldwide
Survey time period
2016

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