Tag: Turkey Scrap Imports

  • Turkey’s ferrous scrap imports slightly up in Nov’20 on winter restocking

    Turkey’s ferrous scrap imports slightly up in Nov’20 on winter restocking

    Turkey – the world’s largest ferrous scrap importer, witnessed a rise of 9% at 2.01 mn t in Nov’20 as against 1.85 mn t in Oct’20. Restocking ahead of winters resulted in increased imports. US market share in scrap imports persists at 20% in CY’20 – In Jan-Nov’20, Turkey’s scrap import volume stood at 19.93 mn t, (up by 19% y-o-y) from 16.79 mn t. USA accounted for a 20% share. Netherland remained the largest exporter to Turkey…