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

Ferrous scrap consumption in Turkey increased by 15pc to 5.31mn mt in January-February 2021 compared to the same period in 2020 due to higher crude steel output, according to statistical source SteelData.


Turkish crude steel production totaled 6.42mn mt during the period under review, up 9pc from the same two-month timeframe in the prior year. As a result, Turkey raised its ferrous scrap imports by 19pc to 4.10mn mt, and purchases from the domestic market rose by 3pc to 1.22mn mt, according to SteelData.


Turkish mills imported 2.33mn mt of scrap from the EU-27 (up 26pc), 515,000mt from North America (down 27pc), and 452,000mt from the CIS (up 50pc).


In February 2021, crude steel output in the country rose by 15pc to 3.02mn mt on an annual basis, and scrap imports increased by 20pc to 2.11mn mt, according to SteelData.

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