Turkey’s scrap consumption rises by 7.8% in CY’20: BIR report

SteelMint accessed the latest quarterly report of the Bureau of International Recycling (BIR). Prepared by Rolf Willeke, Statistics Advisor of BIR’s Ferrous Division, the highlights of the report are:

• China consumed 220.3 mn t of ferrous scrap in CY’20, up by 2% against 215.9 mn t in CY’19.
• Turkey, the leading scrap importer, recorded a 7.8% rise in scrap consumption to 30.77 mn t in CY’20.
• Japan witnessed lower steel scrap consumption in CY’20 at 29.18 mn t – a y-o-y decline of 13.4%.
• The EU recorded steel scrap consumption at 77.5 mn t – a straight drop of 10.3% compared to CY’19.