Germany increased scrap exports by 9.6% y/y in January-April

German companies specializing in ferrous scrap operations increased their exports of raw materials to third countries by 9.6% in January-April 2025 compared to the same period in 2024, to 433,780 tons. This is evidenced by GMK Center calculations based on Eurostat data.

Export revenue for the period decreased by 0.2% y-o-y to €169.92 million, indicating unfavorable market prices since the beginning of the year.

In April this year, Germany exported 97.1 thousand tons of scrap, which is 9.3% more than in April 2024, but 19.7% less than in the previous month. In monetary terms, exports amounted to €38.7 million, which is 1% less y-o-y and 17.8% less m-o-m.

Turkey is a key export destination for German suppliers. Over four months, 253,660 tons of ferrous scrap from Germany were shipped to the Turkish market, which is 22.9% more than in the same period last year. In April, shipments increased by 50% year-on-year but fell by 34.1% month-on-month to 49,500 tons.

In January-April, 36.48 thousand tons of raw materials were shipped to India (+9.9% year-on-year), and in April – 7.6 thousand tons (-4.5% year-on-year; -13.8% month-on-month).

It should be noted that in 2024, Germany reduced its scrap exports to third countries by 22.8% compared to 2023, to 1.11 million tons. Turkey accounted for 623,680 tons of supplies (-10.8% y-o-y), and India – 110,890 tons (-73.2% y-o-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.