Posted on 03 Dec 2021
According to the Turkish Iron and Steel Producers' Association (TCUD), Turkey’s scrap imports amounted to around 20.5 million tons in the first ten months of this year, rising by 13% compared to the same period a year ago. The import value had a year-on-year increase of 82% to more than US$8.9 billion.
Among them, the top three import sources were the EU (around 10.56 million tons, a year-on-year increase of 13.6%), the US (around 3.04 million tons, a year-on-year drop of 18.8%), and the CIS countries (around 2.32 million tons, a year-on-year hike of 15.1%).
In October alone, Turkey imported around 1.6 million tons of scrap, hiking by 8.5% compared to the previous month.
Source:Yieh
