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

European recyclers exported 11.21mn mt of ferrous scrap in January-June compared to 7.39mn mt in the same period of 2020, according to SteelData.

 

Of the total exports during the period under review, 7.65mn mt was shipped to Turkey, up 49pc against the same timeframe a year ago and accounted for 68pc of the total exports from the region.

 

Shipments of the material from the EU to Egypt more than doubled to 1.04mn mt in the first six months of the year compared to January-June 2020.

 

European recyclers exported 416,000mt of ferrous scrap to the USA, 351,000mt to Switzerland, and 331,000mt to Pakistan, according to SteelData. Shipment of the material to Morocco almost tripled to 238,000mt in H1 2021 but decreased to India by 17pc to 232,500mt.

 

In June, European recyclers exported 1.93mn mt of ferrous scrap, 38pc up compared to the same month a year ago. Shipments to Turkey reached 1.33mn mt.

 

Top 10 ferrous scrap exporting countries from the EU (in mt)

 Jan-Jun 2020Jan-Jun 2021change, pc
Netherlands1,699,7592,813,52966
Belgium1,296,9571,828,39541
Romania546,784794,89945
Germany559,517738,34832
France359,317715,28199
Denmark432,988626,15145
Lithuania432,236596,48738
Poland296,732538,82482
Sweden427,809407,789-5
Bulgaria186,464302,31162

Source: SteelData

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