03
Oct
10:14
Turkish scrap imports continue decline in August
Following their July slump, Turkish scrap imports fell further in August, by 19.7% on-year to 1.61 million tonnes, according to Turkish Statistical Institute (TUIK) data monitored by Kallanish.
Over 98%, or 1.59mt, of the August imports were obsolete scrap. The average price of this scrap was $396/tonne versus $493/t in August 2021 and $463/t in July.
The US was the largest supplier with 281,206 tonnes, up 2.2% on-year. The UK followed with 230,110t, up 22.7%. N…
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Anonymous
Very good overview of the weekly steel market.
Anonymous