- Turkey, the world’s largest ferrous scrap importer, witnessed a sharp rise in scrap imports by 24% to 12 mn t in the Jan-Jun’21 period in contrast to 9.8 mn t in the same period last year, as per data compiled by SteelMint.
- USA remained the top exporter to Turkey at 1.8 mn t during the period followed by the Netherlands and Belgium.
- However, on m-o-m basis, imports remained stable at 1.96 mn t in Jun.
- Strong finished steel demand and manufacturing activity in the Turkish domestic market have kept imports high, SteelMint notes.
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