Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

Canada’s ferrous scrap exports rose 2pc in May 2021 to 327,777mt from 320,276mt in the same month last year and from 322,288mt this April respectively, according to the country’s Customs data.


The United States remained the largest importer of ferrous scrap from the country, in terms of volume, with a 35pc increase to 272,448mt in May from 202,422mt in May 2020. The second-largest importer was Taiwan, despite a 4pc decline to 15,338mt from 15,901mt within the same period. 


India recorded a 165pc jump in ferrous scrap imports from the country to 12,589mt in May from 4,746mt in the same month of the year prior.


Canada’s ferrous scrap exports also jumped 4pc from January to May this year at 1.7mn mt from 1.6mn mt during the same five months of 2020.  

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