TCUD: Turkey's scrap import volume falls by 38.3 percent in Jan-Feb

Wednesday, 03 April 2019 15:55:42 (GMT+3)   |   Istanbul

In the January-February period this year, Turkey's scrap import volume fell by 38.3 percent on year-on-year basis from 3.5 million metric tons to 2.2 million metric tons, while these imports were valued at $690 million with a 41 percent decrease compared to the same period in 2018, according the to the Turkish Steel Producers' Association (TCUD ).

In the given period, Turkey's scrap imports from EU Countries decreased by 35.5 percent to 1.3 million mt, its scrap imports from the US declined by 39.1 percent to 400,000 metric tons, while its scrap imports from CIS Countries amounted to 267,000 mt, down 25.6 percent, all on year-on-year basis. In the same period, the share of EU countries in Turkey's total scrap imports was 60.2 percent, the share of the US in Turkey's total scrap imports was 18.3 percent, while CIS countries' share was 13.6 percent.

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