Turkiye: Ferrous scrap imports up by 5% m-o-m in May’22

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Turkiye’s ferrous scrap imports were recorded at 2.22 mnt in May’22, a rise of 5% m-o-m compared to 2.11 mnt in Apr’22, as per SteelMint data.
Similarly, on a yearly basis, ferrous scrap imports grew by 13% against 1.96 mnt in May’21.
Turkiye imported scrap market is anticipated to climb up in Q3CY22, if pandemic or currency fluctuation will not strike back again.

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