In January-May 2024, German waste companies reduced exports of ferrous scrap by 7% compared to the same period in 2023, to 3.1 million tons. The main decline occurred in the first quarter, according to data from the Federal Statistical Office.
Revenues from exports of raw materials for 5 months amounted to €925 million, which is 22.9% less compared to January-May last year.
In May of this year, Germany increased its waste exports by 1.5% compared to May 2023 – up to 577 thousand tons. Shipments of raw materials increased during the month to Denmark and Switzerland.