01
Mar
10:30
Turkish scrap imports slump despite large German-origin supply
Turkish scrap imports slumped -26% on-year in January to 1.24 million tonnes, according to Turkish Statistical Institute (TUIK) data monitored by Kallanish. Their average value was $331.1/tonne versus $320.8/t in January 2018.
The January tonnage was lower than all but one monthly scrap import volume – September – in 2018.
Approximately 98.5% of the January imports were obsolete scrap, of which the US supplied 214,398t, down -45% on-year. Intake f…
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Anonymous
Very good overview of the weekly steel market.
Anonymous