In the first half of this year Georgia's ferrous scrap exports to Turkey, the country's main trading partner, amounted to 171,040 metric tons, increasing by 4.5 percent year on year, according to the data provided by the National Statistics Office of Georgia (Geostat).
The revenue generated by these exports came to $62.75 million, up 39.65 percent from the year-ago figure, indicating that the country's average export price for ferrous scrap to Turkey in the period in question was $367/mt, up from $274/mt in the corresponding period of 2010.