01
Aug
12:26
Turkey’s scrap imports continue their slump in June
Turkish scrap imports fell for the third consecutive month in June, declining 23.3% on-year to 1.22 million tonnes, according to Turkish Statistical Institute (TUIK) data monitored by Kallanish. They were also down from 1.74mt in April and 1.73mt in May.
Over 99%, or 1.218mt, of the June imports were obsolete scrap. The average price of this scrap was $422.5/tonne, down from $575/t in June 2022 and $450/t in May 2023.
The US was the largest supplier with 245,738t…
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Anonymous
Very good overview of the weekly steel market.
Anonymous