According to the data provided by the National Statistics Office of Georgia (Geostat), in the first quarter of this year, there is no ferrous scrap among the most exported products from Georgia to Turkey, the country's main trading partner. Georgia's ferrous scrap exports to Turkey have been declining on a cumulative basis since the second half of 2011.
However, Georgia exported 10,041 mt of semi-finished products of iron or non-alloy steel to Turkey in the first quarter of this year, with a value of $4.85 million, with no record of exports of the products in question to Turkey in the same period of 2012.
Meanwhile, in the first quarter of the current year ferroalloys were not included either among Georgia's most exported products to Turkey, while in the January-February period of the current year Georgia's ferroalloy exports to Turkey were down to 1,644 mt from 5,505 mt in January-February 2012.
No scrap exports from Georgia to Turkey in Q1
Similar articles
US flat steel prices still up on solid demand, rising energy costs, despite flat to down scrap
03 Apr | Flats and Slab
Global View on Scrap: Turkish and Asian markets move up, impact of war persists
03 Apr | Scrap & Raw Materials
Russian BPI exporters target higher prices, market slows after previous sales
03 Apr | Scrap & Raw Materials