Turkey takes shine to US scrap as imports rise 25% in Q1

May 09, 2012 | 09:30 PM |

Turkish steel mills are increasingly attracted to the higher quality of US scrap, as official figures show a rise by more than a quarter from the country in the first quarter of 2012 against last year. Scrap import reached to 1.24 million tonnes from US, up 25.1%. This exceeds the growth of scrap import from EU, which rose 14.3%, according to data from Turkish Iron & Steel Producers Association. Scrap imports from Russia stood at 438,000 tonnes. Turkey imported 5.34 million tonnes of scrap, up 11.8%, with a value of $ 2.38 billion, up 11% in....

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