Overview This page contains the latest trade data of Scrap Iron. In 2022, Scrap Iron were the world's 87th most traded product, with a total trade of $52.5B. Between 2021 and 2022 the exports of Scrap Iron decreased by -7.48%, from $56.7B to $52.5B. Trade in Scrap Iron represent 0.22% of total world trade.
Scrap Iron are a part of Iron & steel. They include Ferrous waste or scrap, nes, Waste or scrap, of stainless steel, Waste from the mechanical working of iron or steel ne, Waste or scrap, of alloy steel, other than stainless, Waste or scrap, of cast iron, Waste or scrap, of tinned iron or steel, and Remelting scrap ingots, of iron or steel.
Exports In 2022 the top exporters of Scrap Iron were United States ($7.92B), Germany ($5.21B), United Kingdom ($3.91B), Netherlands ($3.82B), and Japan ($3.26B).
Imports In 2022 the top importers of Scrap Iron were Turkey ($8.77B), India ($5.65B), Belgium ($2.84B), South Korea ($2.64B), and Italy ($2.59B).
Ranking Scrap Iron ranks 715th in the Product Complexity Index (PCI).
Description Ferrous waste and scrap are used in the production of steel. They can be made from iron or steel, and can include slag, scale, and other waste from the production of iron or steel.