In the January-August period of the current year, Turkey's scrap import volume increased by 4.6 percent to 11.5 million metric tons on year-on-year basis, while these imports were valued at $2.6 billion with a 19.4 percent decrease which partly resulted from the low scrap prices in the given period compared to the same period of last year, according to the Turkish Steel Producers' Association (TCUD).
In the January-August period this year, Turkey's scrap imports from EU countries increased by 25.8 percent to 6.8 million mt, its scrap imports from the US fell by 9.4 percent to 2.2 million mt, while scrap imports from CIS countries amounted to 2.1 million mt, down 17.8 percent, all on year-on-year basis. In the same period, the share of EU countries in Turkey's total scrap imports was 59.2 percent, the share of the US in Turkey's total scrap imports was 19.2 percent, while CIS countries’ share was 18.8 percent.