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Scrap steel exports up 3% last year

British scrap steel exports rose 3% in 2011, according to figures published by the Bureau of International Recycling. 

The figures, from the BIR’s ferrous division, showed British scrap steel exports rose 3% in 2011 to 5.4m tonnes.

More than 2m tonnes went to Turkey, up almost a third on 2010 figures.

British scrap merchants also exported 1.1m tonnes to India, down 15% from 2010, while exports to Indonesia were up significantly to 0.3m tonnes.

Overall, British scrap steel consumption rose 5% to 3.9m tonnes. There was a similar percentage rise for the whole of Europe to 100.8m tonnes.

UK crude steel production fell in 2011 by 3% to 9.5m tonnes.

Global scrap steel purchases for steelmaking were up 9% to 370m tonnes, while scrap steel use rose 8% to 570m tonnes.British scrap

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