Turkey: Ferrous scrap import up by 14% y-o-y in Jan’21

Turkey- the world’s largest ferrous scrap importer, observed an yearly increase of 14% to 1.93 mn t in Jan’21, as per data recorded with SteelMint. The UK remained the largest supplier to Turkey, followed by Russia and Netherlands. However, on monthly basis, imports have fallen by 13% compared to Dec’20 amid limited buying during New year holidays.