Exclusive Germany increased scrap exports by 10.1% y/y in 1H2025

Export revenue for the period decreased by 2.6% y/y

German companies specializing in ferrous scrap operations increased their exports of raw materials to third countries by 10.1% in January-June 2025 compared to the same period in 2024, to 670.08 thousand tons. This is evidenced by GMK Center calculations based on Eurostat data.

Export revenue for the period decreased by 2.6% y/y to €252.9 million, indicating unfavorable market prices since the beginning of the year.

In June of this year, Germany exported 102.82 thousand tons of scrap, which is 41.8% more than in June 2024, but 23% less than in the previous month. In monetary terms, exports amounted to €35.62 million, which is 14.4% more y-o-y, but 24.8% less m-o-m.

Turkey is a key export destination for German suppliers. Over the first six months, 400,410 tons of ferrous metal scrap were shipped from Germany to the Turkish market, up 22.2% year-on-year. In June, shipments increased by 82.6% year-on-year, but fell by 30.3% month-on-month to 60,250 tons.

In January-June, 53.85 thousand tons of raw materials were shipped to India (-8.5% y-o-y), and in June – 10.36 thousand tons (-36.8% y-o-y; -32.3% m-o-m).

In 2024, Germany reduced its scrap exports to third countries by 22.8% compared to 2023, to 1.11 million tons. Turkey accounted for 623.68 thousand tons of supplies (-10.8% y/y), and India – 110.89 thousand tons (-73.2% y/y).

Total exports of raw materials (including domestic deliveries to EU countries) in 2024 reached 7.1 million tons (-11% y/y). This is the lowest figure since data collection began (2006). The value of exports for the year was €3.9 billion, compared to €4.2 billion in 2023.