scrap import

Domestic shortage of scrap in the country holds back the expansion of steel production in EAF

Domestic deliveries of raw materials to steel mills fell by 2.7% m/m in April 2023

Domestic supplies of raw materials to steel plants for March 2023 increased by 23.6% m/m

Domestic supplies of scrap to steel plants for February 2023 increased by 43.3% m/m

During the month, Turkish steelmakers imported 1.36 million tons of raw materials

The country has high standards for imported scrap metal

Domestic supplies of scrap metal to steel plants in January 2023 amounted to 49.4 thousand tons

In 2022, the import of scrap metal decreased by 16.5% on an annual basis

In monetary terms, exports increased by 9.5% y/y in connection with the increase in scrap metal prices

In January-November 2022, the import of raw materials decreased by 12.8% year-on-year

Domestic supplies of scrap metal to steel plants during this period amounted to 801.7 thousand tons

In January-September, the import of scrap metal decreased by 10.5% year-on-year