TCUD: Turkey's scrap import volume falls by 11.6 percent in Jan-Nov

Thursday, 02 January 2020 16:34:49 (GMT+3)   |   Istanbul
       

In the January-November period this year, Turkey's scrap import volume fell by 11.6 percent on year-on-year basis to 16.8 million metric tons, while these imports were valued at $5.1 billion with a 22.5 percent decrease compared to the same period in 2018, according to the Turkish Steel Producers' Association (TCUD).

In the given period, Turkey's scrap imports from EU countries decreased by eight percent to 10.6 million mt, its scrap imports from the US declined by 1.7 percent to 3.3 million metric tons, while its scrap imports from CIS countries amounted to 1.8 million mt, down 28.2 percent, all on year-on-year basis. In the same period, the share of the EU in Turkey's total scrap imports was 63 percent, the share of the US in Turkey's total scrap imports was 20 percent, while CIS countries' share was 11 percent.


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