US scrap export of stainless steel and alloy steel together declined by 1pc in April 2021 to 139,048mt from 139,835mt in April 2020, according to the US Census Bureau trade data report.
Alternatively, total US scrap import of stainless steel and alloy steel in April this year surged by 161pc to 97,198mt compared to 37,234mt annually.
The highest stainless steel and alloy steel scrap exports from the US in April was to Mexico at 76,307mt, up from 9,769mt in the same month in 2020. This was followed by export to Canada increasing to 32,713mt in April, compared to 6,947mt in April last year.
US’ stainless steel and alloy steel exports to India in April 2021 rose to 12,582mt, from 5,400mt in the same month last year. Its exports to Malaysia increased to 7,723mt in April from 6.358mt on an annual basis. The country’s exports of stainless steel and alloy steel to Taiwan and Pakistan dropped in April to 2,831mt and 1,459mt respectively compared to 4,732mt and 3,767mt correspondingly in April last year.
US’ exports of stainless and alloy steel to Thailand rose a bit to 1,956mt in April 2021 compared to 1,921mt in April last year and its export to China inched up to 584mt in April from 574mt annually.
US’ highest scrap import of stainless steel and alloy steel together in April was from Canada at 60,813mt compared to 25,420mt in April last year. Imports from Mexico also increased in April this year to 26,398mt from 10,314mt in April last year.