31.08.2015. Scrap Export from Russia Keeps Growing
The growth of scrap export volume from Russia continue to grow this year. Due to ruble devaluation export prices for scrap metals from Russia go down.
Ferrous scrap export made 570.1 thousand tons in July which is 5.7% down against the June but 2.3% up YOY (according to the customs and railway statistics).Export volumes in January-July made 3.43 million tons, thus exceeding last year’s figures by 3.9%, 2012 by 10.2 %, and 2013 by 27.6%.
Despite the fact that export duties for non-ferorus scrap from Russia decrease every year, international importers still prefer to buy ingots. Russian exporters provide discounts to LME prices for non-ferrous, which makes import from Russia more attractive. Such huge autmibile corporations as Toyota, Nissan, Mitsubishi buy aluminum directly from big Russian recyclers.
The 12th International Forum ”Ferrous and Non-Ferrous Scrap Metals” which will take place on 29 February – 1 March 2016 in Moscow Government building, Moscow, Russia, provides a unique opportunity to gain direct business contacts with key scrap metals and ingots suppliers from all regions of Russia, from North West to Far East.RUSMET and RUSLOM.COM