Tag: Turkey imported scrap

Turkey: Ferrous scrap import prices drop by over 20%, m-o-m, in Feb’22

Apr 2, 2022

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by

Deepika Singh

in Melting Scrap

Turkey’s ferrous scrap imports fell by 24% to 1.87 mnt in Feb’22 vis-a-vis 2.46 mnt in Jan, as per SteelMint data. Bearish market sentiments and currency fluctuations resulted the drop of scrap imports. On a yearly basis, too, scrap imports decreased by 7% compared with 2 mnt in Feb’21.