The leading export destination of steel scrap from Russia was Turkey. In 2021, Russia exported approximately 1.7 million metric tons of that commodity to Turkey. Other major export partners were Belarus, South Korea, and Lithuania. In total, Russia’s steel scrap exports exceeded 4.1 million metric tons in 2021.
In view of rising prices and a shortage of domestic supplies, the Russian government raised an export duty on ferrous scrap from Russia to five percent but no less than 70 euros per metric ton in July 2021. Prior to that, the minimum rate was increased from 15 euros to 45 euros per metric ton at the end of 2020. The restrictions had a significant impact on ferrous scrap exports, which declined by 101 percent in April 2021 compared to the same month of the previous year.
Export volume of steel scrap from Russia in 2021, by country of destination
(in 1,000 metric tons)
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Bureau of International Recycling. (June 1, 2022). Export volume of steel scrap from Russia in 2021, by country of destination (in 1,000 metric tons) [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/271045/russian-steel-scrap-exports-by-target-country/
Bureau of International Recycling. "Export volume of steel scrap from Russia in 2021, by country of destination (in 1,000 metric tons)." Chart. June 1, 2022. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/271045/russian-steel-scrap-exports-by-target-country/
Bureau of International Recycling. (2022). Export volume of steel scrap from Russia in 2021, by country of destination (in 1,000 metric tons). Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/271045/russian-steel-scrap-exports-by-target-country/
Bureau of International Recycling. "Export Volume of Steel Scrap from Russia in 2021, by Country of Destination (in 1,000 Metric Tons)." Statista, Statista Inc., 1 Jun 2022, https://www.statista.com/statistics/271045/russian-steel-scrap-exports-by-target-country/
Bureau of International Recycling, Export volume of steel scrap from Russia in 2021, by country of destination (in 1,000 metric tons) Statista, https://www.statista.com/statistics/271045/russian-steel-scrap-exports-by-target-country/ (last visited November 22, 2024)
Export volume of steel scrap from Russia in 2021, by country of destination (in 1,000 metric tons) [Graph], Bureau of International Recycling, June 1, 2022. [Online]. Available: https://www.statista.com/statistics/271045/russian-steel-scrap-exports-by-target-country/