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Wednesday, February 23, 2011

Russia scrap exports double in January

Wednesday, 23 Feb 2011

According to preliminary data, in January this year Russia exports of scrap and ferrous metal waste doubled compared to the same period last year amounting to 264,200 tonnes.

Russia imported 200 tonnes of scrap in January this year, while in January 2010 there were no imports of scrap into the country. In 2010, Russia scrap exports increased by 1.5 times to 5.5 million tonnes while its imports went up by 2.4 times to 10,600 tonnes both compared to 2009.

Russian scrap exports are directed mainly to Turkey, Spain, Greece, the Netherlands and South Korea.

(Sourced:www.steelorbis.com)

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