In 2014, US scrap imports totaled 3.4 million tons, an increase of 4% year on year which is the highest since 2006(8 years). Meanwhile, as the world's largest exporter of scrap, scrap export 15.32 million tons in 2014, the lowest since 2006.

In January, the United States imported 451,200 tons of scrap which is the most import amount since July 2006. US scrap imports surge, the main benefit for the US dollar appreciation and Nucor DRI equipment maintenance, imported mainly from the United Kingdom, Sweden and the Netherlands as well as Canada and Mexico.

                                                    XINSTEEL NEWS