Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

Turkish automakers produced 352,309 vehicles from January to April 2020 according to the country’s sectoral report published May 10, stated by local media reports.


The country’s consolidated auto production plunged 28pc from the year prior due to factory shutdowns in late March and May amid the COVID-19 pandemic. Total production in March was 103,350 units, down by 22pc from 132,189 units produced the year prior. Auto sales also took a hit and declined by 27pc in January to April period to 155,873 units compared to the prior-year period. 


Some automotive factories have resumed operations as the Turkish government eased lockdown norms while major automakers are expected to resume operations from May 11, according to local media reports. 


Turkey is a major hub of auto production and with the resumption of these units, demand for steel and ferrous scrap will improve over the short term.

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