Turkish mills' January-August scrap imports from US rise 29%

摘要

Turkish mills' scrap bookings from their global suppliers increased year on year in the first eight months of 2020, with imports especially from the US rising significantly with the support of demand recovery as of July. The on-year rise was despite some mills' temporary stoppages and output cuts during the second quarter due to the COVID-19 pandemic. Turkish mills' crude steel output rose by 0.6% on year to 22.7 million mt in January-August, as the rise in crude steel production reached as high as 22.9% on year to 3.2 million mt in August, with a strong market recovery in that month.