31
Aug
11:02
Turkey's scrap imports surge in July
Following three months of consecutive declines, Turkish scrap imports recovered in July, surging 37.3% on-year to 1.89 million tonnes, according to Turkish Statistical Institute (TUIK) data monitored by Kallanish. They were also up from 1.73mt in May and 1.22mt in June.
Over 99%, or 1.877mt, of the July imports were obsolete scrap. The average price of this scrap was $396/tonne, down from $463/t in July 2022 and $422.5/t in June 2023.
Turkish mills' ma…
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Anonymous
Very good overview of the weekly steel market.
Anonymous