TCUD: Turkey's scrap import volume falls by 14.5 percent in Jan-July

Wednesday, 04 September 2019 16:18:05 (GMT+3)   |   Istanbul
       

In the January-July period this year, Turkey's scrap import volume fell by 14.5 percent on year-on-year basis to 10.8 million metric tons, while these imports were valued at $3.4 billion with a 22.6 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 10.1 percent to 7.8 million mt, its scrap imports from the US declined by 8.1 percent to 2 million metric tons, while its scrap imports from CIS countries amounted to 1.3 million mt, down 24.9 percent, all on year-on-year basis. In the same period, the share of the EU in Turkey's total scrap imports was 64.4 percent, the share of the US in Turkey's total scrap imports was 18.1 percent, while CIS countries' share was 11.9 percent.


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