Tag: Turkiye imported scrap
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Turkiye: Ferrous scrap imports fall nearly 15%, m-o-m, on bearish steel market trends
Turkiye’s ferrous scrap imports declined by 14% to 1.37 million tonnes (mnt) in July 2022 compared to 1.59 mnt last month, as per customs data. The absence of buyers in the market due to weak finished and semi-finished steel demand kept imported scrap offers under pressure. A few mills postponed fresh bookings, trying to secure…