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Short-term outlook for Turkish scrap market seem quite pessimistic

机译:土耳其废钢市场的短期前景似乎相当悲观

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Over the past month, prices for US HMS 12 (80:20) in Turkiye have increased by $22/t to $433/t CFR. Meanwhile, the quotes of European material of the same grade have risen to $428/t CFR. The destructive effects of the earthquake will drive steel output and scrap consumption in Turkiye considerably down. Not to mention the high death toll, the disaster has also affected numerous industrial facilities, including those located in Iskenderun, one of the country's largest metallurgical regions with over 15 million tpy of steelmaking capacities. Besides, significant damage has been caused to the infrastructure, which will inevitably result in logistics issues. The energy infrastructure has also been severely damaged. As a result, Turkiye's steel sector is unlikely to promptly recover in the coming months, Metal Expert believes. In the past three months, the country's steel output has totalled 2.55 million tpm, down 23 year-on-year. In view of the above, the figure may decline by another 600,000t in March-April, which will push scrap consumption down by 450,000-500,000t. Notably, Turkish steelmakers' monthly need for scrap is almost 2 million t.
机译:过去一个月,价格我们1至2号(80:20)在Turkiye增加了22美元/ t / t CFR 433美元。与此同时,欧洲的材料的报价同样的年级/ t病死率上升到428美元。破坏性的地震将推动的影响钢产量和废品Turkiye消费大幅下降。人数,灾难也影响很多工业设施,包括那些位于伊斯肯德伦,该国最大的之一与超过1500万tpy冶金地区炼钢能力。损害已经造成基础设施,这将不可避免地导致物流问题。能源基础设施也遭到严重损坏。不可能及时恢复在未来个月,金属专家认为。个月,中国的钢铁产量已经增加255万tpm,同比下降了23%。以上,这个数字可能下降在3 600000吨,这将推动报废消费下降450000 - 500000 t。土耳其钢铁企业每月需要报废近200万t。

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    《Spot Steel Market》 |2023年第192期|19-20|共2页
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