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Turkey' s Scrap Imports in January Declined by 46% Y-o-Y

https://en.steelhome.com [SteelHome] 2023-03-28 10:13:02

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According to the Turkish Iron and Steel Producers' Association (TCUD), Turkey’s scrap imports totaled around 1.36 million tons in January this year, rising by 8% compared to the preceding month and down by 46% from the same month a year ago.

Among them, imports from the EU accounted for 55.2% of Turkey’s total scrap imports, followed by the US’ 18% and the UK’s 9.5%.

In 2022, Turkey’s scrap imports dropped by 16.5% year on year to 20.9 million tons. The decrease was due to the low workload at local steel mills in the second half of 2022.

Source: YIEH
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