Major exporting countries of steel scrap in 2017, ranked by export volume (in 1,000 metric tons)

Steel scrap - major exporting countries based on volume 2017 This statistic represents the major exporting countries of steel scrap in 2016, ranked by export volume. With steel scrap exports amounting to approximately 2.2 million metric tons, China was ranked as the sixth 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 2017. That year, the largest share of U.S. steel exports went to Turkey. With steel scrap imports of about 21 million metric tons, Turkey was the leading steel scrap importing country worldwide.

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Export volume in thousand metric tons
EU-2820,055
U.S.15,016
Japan8,217
Russia5,193
Canada4,409
China2,230
Australia1,979
Hong Kong1,380
Singapore790
Export volume in thousand metric tons
EU-2820,055
U.S.15,016
Japan8,217
Russia5,193
Canada4,409
China2,230
Australia1,979
Hong Kong1,380
Singapore790
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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 2.2 million metric tons, China was ranked as the sixth 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 2017. That year, the largest share of U.S. steel exports went to Turkey. With steel scrap imports of about 21 million metric tons, Turkey was the leading steel scrap importing country worldwide.

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Release date
April 2018
Region
Worldwide
Survey time period
2017

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