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TABLE 1 | ||||||||||||||||
SALIENT U.S. IRON AND STEEL SCRAP, PIG IRON, AND DIRECT-REDUCED IRON STATISTICS1 | ||||||||||||||||
(Thousand metric tons and thousand dollars) | ||||||||||||||||
- | ||||||||||||||||
2010 | 2011 | 2012 | 2013 | 2014 | ||||||||||||
Manufacturers of pig iron and raw steel and castings:2 | ||||||||||||||||
Ferrous scrap consumption | 53,500 | 56,400 | 55,800 | 52,100 | 51,900 | |||||||||||
Pig iron consumption | 34,100 | 34,900 | 35,400 | 31,800 | 25,900 | |||||||||||
Direct-reduced iron consumption | 1,550 | 1,620 | 3,580 | 4,490 | 4,790 | |||||||||||
Net receipts of ferrous scrap3 | 46,100 | 48,400 | 48,200 | 45,200 | 46,700 | |||||||||||
Home scrap production4 | 7,710 | 8,010 | 7,790 | 6,780 | 5,420 | |||||||||||
Ending stocks of ferrous scrap, December 31 | 3,030 | 3,650 | 3,770 | 3,620 | 3,800 | |||||||||||
Manufacturers of steel castings:5 | ||||||||||||||||
Ferrous scrap consumption | 536 | 613 | 639 | 1,180 | 1,190 | |||||||||||
Pig iron consumption | 10 | 10 | 9 | 63 | 80 | |||||||||||
Direct-reduced iron consumption | -- | -- | -- | 1 | -- | |||||||||||
Net receipts of ferrous scrap3 | 413 | 464 | 472 | 1,100 | 1,020 | |||||||||||
Home scrap production4 | 148 | 168 | 189 | 142 | 215 | |||||||||||
Ending stocks of ferrous scrap, December 31 | 83 | 87 | 89 | 277 | 321 | |||||||||||
Iron foundries and miscellaneous users:5 | ||||||||||||||||
Ferrous scrap consumption | 5,670 | 5,760 | 6,710 | 5,660 | 5,560 | |||||||||||
Pig iron consumption | - | 1,940 | 1,980 | 1,980 | 2,260 | 2,100 | ||||||||||
Direct-reduced iron consumption | 3 | 3 | 3 | 3 | 3 | |||||||||||
Net receipts of ferrous scrap3 | 3,890 | 3,980 | 4,580 | 4,100 | 3,960 | |||||||||||
Home scrap production4 | 1,820 | 1,830 | 2,180 | 1,540 | 1,620 | |||||||||||
Ending stocks of ferrous scrap, December 31 | 213 | 245 | 302 | 282 | r | 256 | ||||||||||
Total, all manufacturing types: | ||||||||||||||||
Ferrous scrap consumption | 59,700 | 62,800 | 63,100 | 59,000 | 58,600 | |||||||||||
Pig iron consumption | 36,100 | 36,900 | 37,400 | 34,100 | 28,100 | |||||||||||
Direct-reduced iron consumption | 1,550 | 1,620 | 3,580 | 4,490 | 4,800 | |||||||||||
Net receipts of ferrous scrap3 | 50,400 | 52,900 | 53,300 | 50,400 | 51,700 | |||||||||||
Home scrap production4 | 9,680 | 10,000 | 10,100 | 8,460 | 7,260 | |||||||||||
Ending stocks, December 31: | ||||||||||||||||
Ferrous scrap at consumer plants | 3,330 | 3,980 | 4,170 | 4,180 | r | 4,370 | ||||||||||
Pig iron at consumer and supplier plants | 418 | 423 | 405 | 444 | r | 469 | ||||||||||
Direct-reduced iron at consumer plants | 161 | 126 | 147 | 107 | 217 | |||||||||||
Exports:6 | ||||||||||||||||
Ferrous scrap (includes tinplate and terneplate):7 | ||||||||||||||||
Quantity | 20,500 | 24,300 | 21,400 | 18,500 | 15,300 | |||||||||||
Value | 8,380,000 | 11,400,000 | 9,430,000 | 7,570,000 | 6,160,000 | |||||||||||
Pig iron, all grades: | ||||||||||||||||
Quantity | 68 | 51 | 21 | 18 | 7 | 8 | ||||||||||
Value | 26,500 | 27,000 | 8,110 | 4,440 | 2,290 | |||||||||||
Direct-reduced iron, steelmaking grade: | ||||||||||||||||
Quantity | 1 | 4 | (9) | (9) | 1 | |||||||||||
Value | 115 | 448 | 56 | 29 | 132 | |||||||||||
Imports for consumption:6 | ||||||||||||||||
Ferrous scrap (includes tinplate and terneplate):7 | ||||||||||||||||
Quantity | 3,780 | 4,010 | 3,720 | 3,930 | 4,260 | |||||||||||
Value | 1,420,000 | 1,650,000 | 1,590,000 | 1,470,000 | 1,720,000 | |||||||||||
Pig iron, all grades: | - | |||||||||||||||
Quantity | 3,780 | 4,190 | 4,270 | 4,120 | 4,600 | |||||||||||
Value | - | 1,540,000 | 2,120,000 | 1,900,000 | 1,640,000 | 1,850,000 | ||||||||||
Direct-reduced iron, steelmaking grade: | ||||||||||||||||
Quantity | 1,640 | 1,800 | 2,470 | 2,240 | 2,390 | |||||||||||
Value | 607,000 | 775,000 | 921,000 | 775,000 | 854,000 | |||||||||||
rRevised. -- Zero. | ||||||||||||||||
1Data are rounded to no more than three significant digits; may not add to totals shown. | ||||||||||||||||
2Includes manufacturers of raw steel that also produce steel castings. | ||||||||||||||||
3Net receipts of scrap is defined as receipts from brokers, dealers, and other outside sources plus receipts from other company-owned | ||||||||||||||||
plants minus shipments. | ||||||||||||||||
4Includes recirculating scrap that results from current operations and obsolete home scrap. | ||||||||||||||||
5Some consumers in the -Manufacturers of steel castings- category also produce iron castings; some consumers in the -Iron foundries- | ||||||||||||||||
and miscellaneous users- category also produce steel castings. | ||||||||||||||||
TABLE 1-Continued | ||||||||||||||||
SALIENT U.S. IRON AND STEEL SCRAP, PIG IRON, AND DIRECT-REDUCED IRON STATISTICS1 | ||||||||||||||||
6Data from U.S. Census Bureau and U.S. International Trade Commission. Export valuation is free alongside ship, and import | ||||||||||||||||
valuation is customs value. | ||||||||||||||||
7Excludes used rails for rerolling and other uses and ships, boats, and other vessels for scrapping. | ||||||||||||||||
8Data adjusted by the U.S. Geological Survey. | ||||||||||||||||
9Less than - unit. |
Source: United States Geological Survey Mineral Resources Program
See also: Mineral commodity prices