Tag: Turkey Scrap Imports
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Turkey: Ferrous scrap imports drop 19% in May m-o-m on subdued trade
Turkey, the world’s leading buyer of ferrous scrap, recorded imports of the material at 1.96 million tonnes (mn t) in May’21, a straight 19% drop against 2.42 mn t in Apr’21, as per SteelMint data. Owing to the Eid holidays, the country’s steel mills remained less active in booking scrap cargoes in May. Imported scrap…