Global ferrous waste and scrap export value 2011-2023
In 2023, global exports of ferrous waste and scrap amounted to 44.9 billion U.S. dollars. This represented a decline of roughly 18 percent in comparison to two years earlier, when scrap iron exports reached a decade-high, at nearly 55 billion U.S. dollars. The U.S. is the largest exporter of ferrous waste and scrap across the globe.