Georgia’s scrap exports to Turkey down 27.5 percent in 2011

Tuesday, 24 January 2012 11:52:12 (GMT+3)   |  
       

In 2011, Georgia's ferrous scrap exports to Turkey, the country's main trading partner, amounted to 224,596 metric tons, decreasing by 27.45 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 $82.7 million, down seven 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 $368/mt, up from $287/mt in 2010.

Meanwhile, in 2011 Georgia's ferroalloy exports to Turkey increased by 138 percent as compared to 2010, reaching 41,420 metric tons.


Similar articles

Industrial units in India join platform to resist rising steel and commodity prices

24 Jun | Steel News

Assofermet: Scrap prices increase in Europe, mostly stable in Italy

08 Jan | Scrap & Raw Materials

No scrap exports from Georgia to Turkey in Q1

25 Apr | Steel News

German scrap metal and alloy export value down 4.3% in 2012

17 Apr | Steel News

Georgia’s scrap exports to Turkey down sharply in January

25 Feb | Steel News

Georgia’s scrap exports to Turkey down 70.2% in 2012

25 Jan | Steel News

Georgia’s scrap exports to Turkey down 69.2% in Jan-Nov

25 Dec | Steel News

Georgia’s scrap exports to Turkey down further in Jan-Oct

26 Nov | Steel News

Georgia’s scrap exports to Turkey down 69.6% in Jan-Aug

26 Sep | Steel News

Georgia’s scrap exports to Turkey trend down in Jan-July

27 Aug | Steel News