In January this year, Georgia's ferrous scrap exports to Turkey, the country's main trading partner, amounted to 14,134 metric tons, decreasing by 59 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 $5.05 million, down 58.1 percent from the year-ago figure, indicating that the country's average export price for ferrous scrap to Turkey in the month in question was $357/mt, up from $350/mt in the corresponding month of 2011.
Meanwhile, in January of the current year Georgia's ferroalloy exports to Turkey increased to 4,761 metric tons from 504 metric tons in January 2011.