US stainless and alloy steel scrap exports rose by 8pc in H1 2021 to 595,791mt from 551,405mt in H1 2020 and jumped by 69pc in June to 106,665mt from 62,952mt in June 2020, according to the US Census Bureau.
Total US scrap import of stainless steel and alloy steel in the first half of 2021 increased by 64pc to 507,839mt from 309,757mt in H1 2020 and increased in June by 57pc to 76,514mt compared to 48,791mt in the same month last year.
Mexico was the largest importer of stainless and alloy steel scrap from the US at 50,603mt, up from 13,403mt in the same month in 2020. This was followed by exports to Canada, which increased to 20,962mt in June from 13,197mt in June 2020.
US’ stainless steel and alloy steel exports to India in June doubled to 16,405mt, from 8,440mt in the same month last year. Its exports to Malaysia, however, decreased to 7,082mt from 8,180mt in the same timeframe. The country’s exports of stainless steel and alloy steel to Pakistan rose to 3,630mt from 1,686mt during the same annual period under review.
US’ export of stainless and alloy steel to Taiwan dropped significantly to 1,358mt in June compared to 10,155mt in the same month last year while export to Thailand inched down to 1,905mt from 2,536mt during the same period.
US’ highest scrap import of stainless steel and alloy steel together were from Canada at 52,184mt in June compared to 27,647mt in June 2020, while imports from Mexico increased to 22,039mt from 20,575mt during this timeframe.