The United States imported less ferrous scrap in 2019 amid plentiful supply of competitively priced domestic material, while imports of pig iron - which was expensive compared with No1 busheling - dropped as well.
Raw material imports fell by 13.4% for the year to 9,628,184 tonnes from 11,120,193 tonnes in the full year 2018. For the month of December, however, overall imports increased by 12.7% sequentially to 661,740 tonnes from 587,104 tonnes in November.Ferrous scrap imports dropped by 14.5% for the year to 2,864,684 tonnes, down from 3,351,987 tonnes in 2018, according to US Census Bureau data.While ferrous scrap imports decreased for the year as...