Turkey’s scrap imports down 12.9 percent in H1

Wednesday, 19 August 2015 14:13:36 (GMT+3)   |   Istanbul
       

In June this year, Turkey's scrap import volume decreased by 16.4 percent year on year and was down 14.11 percent month on month to 1.46 million metric tons, according to the data provided by the Turkish Statistical Institute (TUIK). The value of these imports totaled $398.08 million, down 39.3 percent year on year and falling by 13.4 percent compared to the previous month.
In the first six months of this year, Turkey's scrap imports amounted to 8.47 million mt, falling 12.9 percent, while the value of these imports decreased by 33.3 percent to $2.46 billion, both compared to the same period of 2014. 
In the January-June period this year, Turkey imported 1,759,833 mt of scrap from the US, down 8.59 percent year on year, with the US ranking as Turkey's leading scrap import source, ahead of Russia which supplied 1,232,826 mt in the given period, down 13.01 percent year on year.
Turkey's top 10 scrap import sources in the January-June period of this year are as follows:

Country

Amount (mt)

 

 

 

 

 

 

January-June 2015

January-June 2014

Y-o-y change (%)

June 2015

June 2014

Y-o-y change (%)

USA

1,759,833

1,925,214

-8.59

293,123

331,901

-11.68

Russia

1,232,826

1,417,262

-13.01

218,213

256,169

-14.82

UK

1,164,076

1,280,414

-9.09

175,255

112,772

55.41

Belgium

780,139

770,233

1.29

152,220

95,666

59.12

Netherlands

719,629

701,000

2.66

61,456

138,025

-55.47

Ukraine

675,533

362,853

86.17

158,889

99,007

60.48

Romania

372,245

688,401

-45.93

75,367

100,405

-24.94

Lithuania

285,631

149,174

91.48

24,250

56,285

-56.92

Estonia

230,221

269,409

-14.55

39,459

81,281

-51.45

Germany

152,500

316,506

-51.82

55,680

55,058

1.13


Turkey's main scrap sources on country basis in the January-June period are presented below:
 

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