Turkey’s scrap imports down 18.6 percent in January-February

Monday, 04 April 2016 15:24:37 (GMT+3)   |   Istanbul
       

In the January-February period of the current year, Turkey's scrap import volume decreased by 18.6 percent to 2.3 million metric tons, while these imports were valued at $450 million, down 49.7 percent, both on year-on-year basis, according to the Turkish Iron and Steel Producers' Association (TCUD).
 
In the given period, Turkey's scrap imports from EU countries decreased by 21.8 percent to 1.3 million mt, its scrap imports from the US rose by eight percent to 521,000 mt, while scrap imports from CIS countries amounted to 428,000 mt, down 20.2 percent, all on year-on-year basis. In the same period, the share of the US in Turkey's total scrap imports was 22.7 percent whereas CIS countries’ share in Turkey's total scrap imports was 18.6 percent.

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