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.