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|Malaysia's September Scrap Imports Total 79,000 Tons|
Malaysia's ferrous scrap imports totaled 79,000 tons in September 2014, up 68.6% from the same month of a year ago, when they decreased by 15.5% from a month ago, a decrease for two consecutive months, according to Malaysian trade statistics made available in Tokyo.|
Of the total, the USA supplied the largest quantity of 66,000 tons, up 1,193.5% from the same month of a year ago; and Singapore the second largest of 6,000 tons, down 72.6%.
In January-September 2014, Malaysia's ferrous scrap imports totaled 824,000 tons, down 49.9% from the same period of 2013, averaging 92,000 tpm, when the cumulative imports translated into an annualized 1,100,000 tons.
Of the total, the USA provided the largest amount of 420,000 tons or 51.0%, down 26.0%; Australia the second largest of 144,000 tons or 17.4%, down 32.4%; and Singapore the third largest of 108,000 tons or 13.1%, down 58.3%. As a result, the three nations together accounted for 81.5% of the total.
|last modified : Mon 22 Dec, 2014 [10:39]|