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

Canada’s ferrous scrap exports rose to 2.1mn mt in the first six months of the year compared to 2mn mt in the same period in 2020, according to Customs data.


June export volumes climbed 7pc to 420,610mt compared to 393,181mt in the same month last year while they increased by 28pc from 327,777mt in May 2021. 


The largest importer of Canadian ferrous scrap was the US at a 34pc increase in June 2021 to 307,453mt from 228,663mt in the same year-ago period and increased by 13pc from 272,448mt in the previous month.


Exports to Turkey saw a 46pc decline in June to 45,000mt from 84,000mt in June 2020 while shipments soared 15 times from 281mt in May this year. Exports to India also increased by 71pc to 20,267mt from 11,857mt and up by 61pc from 12,589 during the same timeframe under review. 

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