TCUD: Turkey's scrap import volume falls by 18.8 percent in Jan-Apr

Friday, 31 May 2019 16:26:52 (GMT+3)   |   Istanbul
       

In the January-April period this year, Turkey's scrap import volume fell by 18.8 percent on year-on-year basis to 5.9 million metric tons, while these imports were valued at $1.9 billion with a 25 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 11.5 percent to 3.8 million mt, its scrap imports from the US declined by 27.2 percent to 1.1 million metric tons, while its scrap imports from CIS countries amounted to 677,000 mt, down 21.7 percent, all on year-on-year basis. In the same month, the share of the EU in Turkey's total scrap imports was 65 percent, the share of the US in Turkey's total scrap imports was 19 percent while CIS countries' share was 12 percent.


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