01
Aug
10:49
Turkish scrap imports grow amid capacity increase
Following their recovery in May, Turkish scrap imports continued to rise in June, growing by 8.7% year-on-year to 1.33 million tonnes, according to Turkish Statistical Institute (TUIK) data monitored by Kallanish. They were, however, down from 1.809mt in May.
Over 99%, or 1.326mt of June imports were obsolete scrap. The average price of this scrap was $412/tonne, down from $422.5/t in June 2023 and $413.5/t in May.
Turkish mills' scrap import…
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Anonymous
Very good overview of the weekly steel market.
Anonymous