The export of scrap from the EU-28 in January-October grew by 26.2%, to 14.22 million tons, according to the European Commission. Average monthly exports amounted to 1.42 million tons, so the annual rate can be of 17.06 million tonnes.
In the October scrap exports from the EU increased by 30.6% compared to the same month last year to 1.54 million tons, the highest figure since may of 2016.
The increase is provided mainly at the expense of supply in Turkey: back in October exported 856 thousand tons, up 48.6 percent above the level for the same period of 2015.
Earlier it was reported that the cost of scrap from the CIS to the black sea ports in early January of the current year rose to 250-255 USD./ton FOB, compared to $ 207-209./ton CFR at the beginning of October 2016.