TCUD: Turkey's scrap import volume falls by 27.6 percent in Q1

Friday, 03 May 2019 14:49:08 (GMT+3)   |   Istanbul

In the January-March period this year, Turkey's scrap import volume fell by 27.6 percent on year-on-year basis to 3.9 million metric tons, while these imports were valued at $1.2 billion with a 33 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 24.1 percent to 2.4 million mt, its scrap imports from the US declined by 25.7 percent to 735,000 metric tons, while its scrap imports from CIS countries amounted to 462,000 mt, down 30 percent, all on year-on-year basis. In the given quarter, 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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