Metal exports double

[NewsWhore]

Exports of scrap iron and steel make up the fourth largest part of all Dominican exports. The increase in the theft of metal, electric cables and bronze items was reflected by the fact that export of these metals nearly doubled in the first half of 2007. As reported by Diario Libre, scrap iron and steel exports constitute the fourth item of the industrial products exported from the DR, more than beer, cardboard containers, plastics, pasta and other exported manufactured items. The Dominican Center for Exports and Investment (CEI-DR) has released a statistical report that shows that during the first six months of 2007 exports of scrap iron and steel reached US$15.3 million, an 81.9% increase over the 2006 figures. Correspondingly, the number of reported thefts of metallic objects also increased during the first half of 2007.

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