Turkey’s scrap imports down 18.5 percent in January-February

Thursday, 07 April 2016 14:30:39 (GMT+3)   |   Istanbul
       

In February this year, Turkey's scrap import volume decreased by 20.5 percent year on year to 1.15 million metric tons, up 0.9 percent compared to the previous month, according to the data provided by the Turkish Statistical Institute (TUIK). The value of these imports totaled $225.2 million, down 50.7 percent year on year and remaining almost unchanged compared to January.

In the January-February period of this year, Turkey's scrap imports amounted to 2.3 million mt, falling 18.5 percent, while the value of these imports decreased by 49.7 percent to $449.77 million, both compared to the same period of the previous year.
 
In the first two months, Turkey imported 520,791 mt of scrap from the US, up 7.96 percent year on year, with the US ranking as Turkey's leading scrap import source, ahead of Russia which supplied 397,853 mt in the given period, up 5.97 percent year on year.
 
Turkey's top 10 scrap import sources in the first two months of the current year are as follows:

 

Country

Amount (mt)

     
 

January- February 2016

January- February 2015

Y-o-y change (%)

February 2016

February 2015

Y-o-y change (%)

USA

520,791

482,371

7.96

279,079

297,743

-6.27

Russia

397,853

375,448

5.97

137,260

160,467

-14.46

Netherlands

357,780

255,708

39.92

175,179

176,480

-0.74

Belgium

276,882

224,530

23.32

163,547

120,384

35.85

UK

255,558

563,104

-54.62

151,536

138,401

9.49

Romania

82,590

138,345

-40.30

66,767

55,370

20.58

Lithuania

75,749

104,478

-27.50

36,919

79,244

-53.41

France

60,119

60,722

-0.99

4,977

49,767

-90.00

Denmark

56,129

28,095

99.78

44,008

-

-

Sweden

47,590

16,009

197.27

29,080

22

-

Turkey's main scrap sources on country basis in the first two months of the current year are presented below:


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