Turkey takes more than half of Russian Ferrous Scrap exports in February

Published: Apr 29, 2016 17:46

Save

Turkey took more than half of Russian ferrous scrap export during February this year.

TURKEY April 29 2016 1:12 PM

MOSCOW (Scrap Register): Turkey took more than half of Russian ferrous scrap export during February this year.

According to official data, Russia exported 214,000 metric tons of ferrous scrap to Turkey during February this year, an increase of 37.7% year-on-year. Turkey which accounted nearly 52% of Russia's total ferrous scrap exports.

Russia's total ferrous scrap exports rose further to 418,000 tons during February, an increase of 8.3% as compared to 386,000 tons a year early and shot up 235% from 178,000 tons in January.

Russia exported 596,000 tons of ferrous scrap during the first two months of this year. Russia’s average monthly scrap exports amounted to 298,000 tons. However, Russia's total ferrous scrap exports are expected to reach 3.6 million tons during the year 2016.

ferrous scrap exports

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

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

Related News

Jul 10, 2026 18:17

Chinese Zinc Concentrate Treatment Charges Decline in July Amid Weak Price Ratio

[Domestic Zinc Concentrate Market]This week, domestic zinc concentrate treatment charges (TCs) across multiple regions in China were gradually finalized, with July TCs continuing to decline from June levels. The primary driver behind the latest reduction was the persistently weak domestic-to-overseas price ratio, which pushed losses on imported zinc concentrate to nearly RMB 2,000/mt once again. As a result, Chinese smelters continued to prioritize purchases of domestic zinc concentrate in July, keeping the domestic concentrate market in a tight supply-demand balance.

Jul 10, 2026 18:17

Jul 10, 2026 17:20

[SMM Analysis] “Resource Tight Balance” Meets “Computing Power Revaluation” — In-depth Review of Tin Prices in H1 2026 and Outlook for H2

[SMM Analysis: “Tight Resource Balance” Meets “Computing Power Revaluation”—2026 H1 Tin Price Deep Review and H2 Outlook] In 2026 H1, tin prices exhibited a wide-ranging tug-of-war pattern of “reaching record highs—pulling back to consolidate—rallying again—consolidating at highs.” The most-traded LME tin contract surged from about $42,000/mt at the beginning of the year to a record high of $59,000/mt, pulled back to $40,500 in March, rallied again to around $58,000 from April to May, and fell below $50,000 at end-June; the most-traded SHFE tin contract surged from 330,000 yuan/mt at the beginning of the year to a record high of 470,000 yuan/mt, dipped to 322,600 yuan/mt in March, touched 451,000 yuan/mt again in early June, and pulled back below 400,000 yuan/mt at month-end.

Jul 10, 2026 17:20

Jul 10, 2026 16:26

Data: SHFE, DCE market movement (Jul 10)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 10 Jul , 2026

Jul 10, 2026 16:26