GMT+8( BJT)

Turkey: ferrous scrap imports down 2% on Q3 CY19

Turkish ferrous scrap imports witnessed a marginal decrease by 2% Q-o-Q to 5.02 MnT in Q3 '19 as compared to 5.11 MnT in Q2’19. Meanwhile, on yearly premises, the same has observed stability as it imported 5.03 MnT during the same period a year ago. According to the World Steel Association, Turkish crude steel output slightly decreased in Q3 CY19 and stood at 8.29 MnT, down by 6% Q-o-Q as compared to 8.8 MnT in Q2’19.
United States remained the largest supplier to Turkey which supplied 1.06 MnT in Q3’19 scrap with a 21 % share of total scrap imported by Turkey, up 23% Q-o-Q, as against 0.86 MnT in Q2'19. Followed by Netherlands which supplied 0.58 MnT scrap in Q3 '19 with a 11% share down 11% Q-o-Q. Coal Turkish coal imports

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