With the recent trade data released by Russian Customs department, it is legible that the export of ferrous scrap increased by 29% during Jul’16 M-o-M. The nation exported 0.50 MnT during Jul’16 against 0.39 MnT during Jun’16. Exports in Jul’16 registered a downfall of 6% Y-o-Y, Country’s export during Jul’15 was 0.54 MnT. Exports during Jan-Jul’16 was around 3 MnT.
Export to Turkey registered a growth of 16% M-o-M
Russia exported 0.22 MnT to Turkey during Jul’16, witnessed a growth of 16% M-o-M and 57% Y-o-Y. The nation exported 0.19 MnT during Jun’16 and 0.14 MnT during Jul’15.
Export to South Korea remained stable M-o-M
Around 0.12 MnT ferrous scrap exported to South Korea during Jul’16, remained stable M-o-M. Export in Jul’16 registered a growth of 9% Y-o-Y. Country’s export to South Korea was 0.11 MnT during Jul’15.
Russia’s exports to Belarus increased by 900% M-o-M
Russia exported 0.10 MnT to Belarus during Jul’16, registered a growth of 900% M-o-M. Exports were down by 33% Y-o-Y. The nation exported 0.01 MnT during Jun’16 and 0.15 MnT during Jul’15.
Exports to Spain registered a growth of 300% in Jul’16 M-o-M
Around 0.04 MnT ferrous scrap was exported to Spain by Russia during Jul’16, registered a growth of 300% M-o-M against 0.01 MnT during Jun’16. The nation exported around 0.06 MnT during Jul’15.
• Russia mainly exports Scrap generated from Iron or Steel (Excluding slag, scale and other waste of the Iron and Steel production). The nation exported around 0.48 MnT during Jul’16, registered a growth of 30% M-o-M and a downfall of 2% Y-o-Y. Country exported around 0.37 MnT during Jun’16 and around 0.49 MnT during Jul’15.
• Export of Scrap generated from Turnings, Shavings, Chips etc. registered a downfall of 50% Y-o-Y, remained stable M-o-M. The nation exported around 0.02 MnT during Jul’16 and 0.04 MnT during Jul’15
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