Tag: Turkiye: Ferrous scrap imports drop over 15% m-o-m in Apr’24; further decline expected in May

In April 2024, Turkish ferrous scrap imports dropped by 17% m-o-m to 1.52 million tonnes (mnt) from 1.83 mnt in March, according to customs data compiled by BigMint. Year-on-year (y-o-y), scrap imports fell by 13% compared to 1.74 mnt recorded during the same period of last year. Key updates Crude steel production: Turkiye’s crude steel…