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Friday, October 14, 2011

Scrap shipments lead US container exports in August

Friday, 14 October 2011

The Journal of Commerce/PIERS reported Thursday that US containerized exports in August were up 5.4 percent year-on-year, marking a three-month high. Overall containerized exports rose 1.2 percent over July volumes and 8 percent year-to-date, through August. In particular, scrap metals shipments were up 32 percent in August over July.

Exports totaled 977,330 20-foot equivalent units (TEUs) in August, for a second consecutive monthly gain. Total US exports in July and August were also up 5.2 percent over the same period last year.

Tags: scrap , raw mat , USA , North America , freight , trading (sourced steelorbis)

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