Russian ferrous exports declining, Ukraine to become importer Mair

Oct 26, 2007 | 09:04 AM |

Russia's ferrous scrap exports will fall 23 percent to 9.5 million tonnes in 2007 from 12.34 million tonnes last year, according to Roman Genkel of Russian scrap processor Mair Group.

Genkel told the Bureau of International Recycling conference in Warsaw that greater demand for ferrous scrap within Russia had caused exports to dwindle over the past few years. "Russian steel mills will purchase almost 24 million tonnes of steel scrap this year—20 percent more than last year and almost 40 percent more than in 2005," he said. "This figure and new investments that will be completed....

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