Turkey’s scrap imports down 12.2 percent in January-May

Thursday, 02 July 2015 15:43:24 (GMT+3)   |   Istanbul
       

According to the report released by the Turkish Iron and Steel Producers' Association (TCUD), in the January-May period of the current year Turkey's scrap import volume decreased by 12.2 percent to 7.01 million metric tons, while these imports were valued at $2.06 billion, down 32 percent, both on year-on-year basis.

In the given period, Turkey's scrap imports from EU countries decreased by 14.5 percent to 2.75 million mt, its scrap imports from the US decreased by 7.9 percent to 1.47 million mt while scrap imports from CIS countries reached 1.53 million mt, up 6.7 percent, due to the softening of ex-CIS scrap prices, all on year-on-year basis.


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