Tag: Red Sea impact on scrap trade
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Turkiye’s ferrous scrap imports rise 7% y-o-y in CY’24. What’s the outlook for CY’25 ?
Scrap imports reach over 20 mnt in CY’24 Turkiye’s domestic crude steel production rises 10% y-o-y Scrap prices may stay firm even as supply challenges multiply Morning Brief: Turkiye’s ferrous scrap imports rose by 7% in calendar year 2024 (CY’24) to 20.07 million tonnes (mnt) compared to 18.82 mnt in CY’23. Turkiye’s ferrous scrap usage…