"Turkey Expected to Drive Ferrous Market
6/5/2010
During the recently concluded spring convention of the Bureau of International Recycling, speakers at the association’s Ferrous Division meeting discussed the trends taking place in the ferrous market. An area showing great opportunities, according to several speakers, is the growing Turkish market. One speaker notes that Turkey’s crude steel production can be expected to climb by around 15 percent this year, while capacity increases are likely to be driven by electric arc furnaces. This will lead to higher scrap consumption in the future."
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