Home / Metal News / Copper / Russia's scrap exports jumped 18% in April, says trade data
Russia's scrap exports jumped 18% in April, says trade data
Jun 10,2014 17:20CST
industry news
Source:SMM
The most recent trade statistics released by Russia indicates that the country’s scrap exports increased during the month of April this year.

Author: Paul Ploumis10 Jun 2014 Last updated at 05:41:26 GMT

MOSCOW (Scrap Monster): The most recent trade statistics released by Russia indicates that the country’s scrap exports increased during the month of April this year. According to trade data, Russia exported 434,000 tonnes of scrap during April this year. The exports during the month were higher by 20.3% when compared with the exports during the previous month. Also, on year-on-year comparison, the exports during Apr ’14 were up 17.9%.

The largest export destination of Russian scrap was Turkey. The Russian exports to Turkey totaled 227,000 tons, accounting for more than 50% of the total Russian exports. The Turkish scrap imports from Russia were up 2.8% year-on-year.

The second largest export destination was South Korea. Russia exported 68,000 tonnes of scrap to South Korea during Apr ’14. The imports by South Korea soared 52.4% higher when compared with the exports during the same month a year ago. The South Korean imports accounted for 16% of the total Russian exports.

In third place was Spain, accounting for nearly 15% of the total Russian exports. The exports to Spain were up 27.3% over the same month a year ago to touch 67,000 tonnes during April this year.

Turkey, Spain and South Korea together accounted for nearly 80% of the total Russian.

russian scrap exports
scrap imports
ferrous
scrap price
scrap volume
scrap export value
non-ferrous

For queries, please contact Frank LIU at liuxiaolei@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news