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03 Jan
12:56

Turkish scrap imports decline in November

Turkish scrap imports slipped on-year in November after surging in October, Kallanish calculates from the latest Turkish Statistical Institute (TUIK) data. November's imports came in at 1.87 million tonnes, down -1.4% y-o-y and down -15% over October. The overall average value/tonne of these imports increased to $336/t from $225/t a year ago. The scrap-rebar spread widened to $167/t in November from $163/t a year earlier, but narrowed from $186/…
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