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Turkey’s scrap imports up 11.9 percent in Q1

Wednesday, 02 May 2012 17:10:27 (GMT+2)   -  

Tags: scrap , raw mat , Turkey , USA , Middle East , North America , imp/exp statistics , steelmaking , Non-EU Countries , Mediterranean | similar articles » SteelOrbis News

According to the data provided by the Turkish Statistical Institute (TUIK), in March this year Turkey's steel scrap imports fell by 21.9 percent compared to February and were up 13.3 percent compared to the same month of 2011, amounting to 1.68 million metric tons.

According to the data released by TUIK, in March the average price of Turkey's steel scrap imports stood at $450/mt, remaining stable compared to the previous month and down $20/mt compared to March 2011.

Meanwhile, in the first quarter of 2012 Turkey's scrap imports amounted to 5.34 million mt, increasing 11.9 percent compared to the same period last year.

Turkey's top 10 steel scrap import sources in the first quarter of 2012 are as follows:

Country

Volume (mt)

  Q1 2012

Q1 2011

US

  1,240,577

991,494

Netherlands

  648,814

332,373

UK

  600,786

464,157

Russia

  437,755

479,264

Romania

  381,885

634,038

Belgium

  280,954

322,110

Bulgaria

  169,280

177,994

Estonia

  164,761

90,109

Germany

  151,812

282,144

France

  141,900

57,823

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