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01 Mar
16:20

North America drives Turkey's January scrap import rise

Turkey's scrap imports rose 10.3% on-year to 1.68 million tonnes in January, thanks to a growth in intake from North America, Kallanish notes from the latest Turkish Statistical Institute (TUIK) data. The overall average value/tonne of January's scrap imports increased to $321/t from $257/t a year earlier. The scrap-rebar spread widened to $208/t in January from $169/t a year ago. The US was Turkey's largest scrap importer in January, with a …
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