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

Norwegian ferrous scrap exports fell by 0.85pc to 233,068mt in January-May from 235,061mt in the same period last year, according to the country’s Customs data. Ferrous scrap exports declined by 25pc to 38,961mt last month from 52,142mt in May 2020.  

 

Germany remained Norway’s biggest ferrous scrap importer, despite a 48pc decrease in shipments to 14,486mt in May from 27,729mt in the same month last year. The Netherlands who was the top importer in the previous month, returned to second place in May, recording an 89pc increase in cargoes to 8,381mt from 4,443mt in the same month of the year prior.

 

The highest increase in shipment volumes was recorded by Poland, with a 100pc surge to 4,136mt. China joined the list of importers from the country in May with 206mt in ferrous scrap shipments.  

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