Exporting scrap iron and steel from Costa Rica amounts to $39 million annually

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Costa Rican exports of scrap iron and steel grew by 40% between 2010 and 2011.

In the past five years the number of exporters of scrap iron and steel has nearly doubled going from 34 to a total of 58 according to the Foreign Trade Promotion Office, Procomer.

Taiwan with 42% and South Korea with 17% are the main destinations for Costa Rican exports of scrap metal.

“They are followed by the United States (8%), Ecuador (7%), China and Guatemala (4%) and a host of other destinations which account for 18%”, reported Nacion.com

Source: Nacion.com

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