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

Ferrous scrap consumption increased by 14pc to 8.17mn mt in Turkey in Q1 2021 compared to the same months in 2020 due to higher crude steel production, according to statistical source SteelData.

 

Turkish mills used more scrap as crude steel output rose by 9.5pc to around 9.83mn mt during the period under review. Producers increased scrap imports by 20pc to 6.32mn mt, while its supply from the domestic market declined by 1pc to 1.85mn mt.

 

Key ferrous scrap suppliers to Turkey included the Netherlands, the United Kingdom, USA, Russia, and Belgium, as illustrated in the table below:

 

Top 10 ferrous scrap suppliers to Turkey (mt)

 

 Q1 2020Q1 2021change, pc
Netherlands804,2661,031,42128
United Kingdom592,173735,19924
USA984,337693,274-30
Russia400,498637,63959
Belgium365,081463,39127
Romania258,831324,25525
France204,927314,81654
Denmark208,322259,53425
Lithuania251,472230,540-8
Poland79,132162,832106
Others1,122,4501,469,90731
Total5,271,4896,322,80820

Source: SteelData

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