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15 Jan
00:00

Turkish scrap imports down in Jan-Nov, but sourcing from CIS surges

Turkish imports of scrap inched down -0.3% year-on-year in January-November 2014 to 17.78 million tonnes, and were -1.1% lower in value at $6.72 billion. The average price in the period was thus $378/tonne, Kallanish learns from the Turkish Steel Producers’ Association (TCUD). Overall Turkish scrap consumption declined -3.7% in the eleven months, meaning less scrap was also sourced domestically. The fall in use was in line with the -1.7% decr…
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