In July, according to the customs statistics, Russia exported 548 thousand tons of ferrous scrap, down by 7.7% MoM and by 3% YoY.
In June scrap exports grew by 39.9% and by 6%, while in May they dropped by 13% and by 29% respectively.
In January-July Russia exported 2.7 million tons of scrap, down by 19% YoY, and the lowest result for the past 4 years.
Turkey imported the most scrap (41%). In July the average price was $218 per ton FOB Russian border. Belarus imported 28%, at $252.8 pert ton, and South Korea – 18%, at $166.5 per ton. (Ukrainian metal)