29
Mar
10:15
Turkish scrap imports plummet to 9-year low
Turkish scrap imports plummeted -49% on-year in February to 945,291 tonnes, their lowest monthly tonnage since February 2010, according to Turkish Statistical Institute (TUIK) data monitored by Kallanish. Their average value was $296.3/tonne versus $338.8/t in February 2018.
Turkish monthly scrap imports have fallen below 1 million tonnes on only one other occasion in this decade, in February 2017 when they were at 991,786t.
Approximately 99% of the February-…
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Anonymous
Very good overview of the weekly steel market.
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