According to Indonesian trade statistics made available in Tokyo, Indonesia's ferrous scrap imports totaled 1,256,000 tonnes in January to July 2011 period, up by 27.7% YoY, averaging 179,000 tonnes per month, when the cumulative imports translated into an annualized 2,150,000 tonnes.

In the breakdown by main sources, the UK ranked first at 210,000 tonnes or 16.8% of the total, up by 130.9% YoY; South Africa second at 171,000 tonnes or 13.6%, up by 188.8% YoY; the USA third at 163,000 tonnes or 13.0%, down by 26.3% YoY and Singapore fourth at 89,000 tonnes or 7.1%, down by 14.6% YoY. As a result, the four nations together accounted for 50.5% of the total.

In July 2011, Indonesia's ferrous scrap imports totaled 252,000 tonnes, up by 43.0% YoY, indicating the highest level so far since the beginning of 2011.

Of the total, the UK supplied the largest quantity of 64,000 tonnes, up by 734.6% YoY; Australia the second largest of 34,000 tonnes, up by 444.8% YoY; South Africa the third largest of 23,000 tonnes, down by 4.4% YoY and the USA the fourth largest of 21,000 tonnes, down by 70.0% YoY.

(Sourced from TEX Report Limited)