Georgia increases scrap exports to Turkey by 73 percent in January-February

According to the data provided by the National Statistics Office of Georgia (Geostat), in the January-February period of this year Georgia's ferrous scrap exports to Turkey, the country's main trading partner, amounted to 61,303 metric tons, increasing by 72.73 percent year on year. The revenue generated by these exports came to $22.53 million, up 180 percent year on year, indicating that the country's average export price for ferrous scrap to Turkey in the period in question was $368/mt, up from $227/mt in the corresponding period of 2010.