U.S. Consumer Stocks Of Iron And Steel Scrap, December 31, 2023, By Region And State

This table presents detailed data on the quantities of iron and steel scrap held in consumer stocks across various U.S. regions and states as of December 31, 2023. The information is categorized by scrap type, including carbon steel, stainless steel, alloy steel, cast iron, and other scrap grades. These stock levels are critical indicators of the steel industry's supply chain health, reflecting the availability of recyclable raw materials for steel production. Monitoring these stocks helps industry stakeholders and policymakers assess market conditions, forecast production capabilities, and manage resource allocation efficiently, which in turn influences economic stability and industrial output.

Analysis of the data reveals that the South Central region holds the largest share of consumer stocks, totaling 2,970 thousand metric tons, with Texas alone accounting for 1,790 thousand metric tons of this total. The North Central region follows with 1,580 thousand metric tons, led by Ohio’s substantial 612 thousand metric tons. Carbon steel scrap dominates the inventory, comprising 4,500 thousand metric tons nationwide, underscoring its primary role in steel recycling. Stainless and alloy steel stocks are comparatively smaller, at 298 and 62 thousand metric tons respectively. Notably, the New England and Middle Atlantic region maintains the smallest stockpile, with only 375 thousand metric tons, indicating regional disparities in scrap availability. These figures highlight the concentration of scrap resources in key industrial hubs, which is essential for sustaining domestic steel production and supporting the circular economy.