In October this year, Turkey's scrap import volume decreased by 33 percent on both year-on-year and month-on-month basis to 1.15 million metric tons, according to the data provided by the Turkish Statistical Institute (TUIK). The value of these imports totaled $318.34 million, down 43.4 percent year on year and decreasing by 37.2 percent month on month.
In the January-October period, Turkey's scrap imports amounted to 15.19 million mt, down 13.3 percent, while the value of these imports decreased by 22.7 percent to $4.71billion, both year on year,
In the given period, Turkey imported 3,055,162 mt of scrap from the US, down 3.85 percent year on year, with the US ranking as Turkey's leading scrap import source, ahead of the Netherlands which supplied 1,981,810 mt in the given period, up 0.22 year on year,
Turkey's top 10 scrap import sources in the January-October period are as follows:
|
Country |
Amount (mt) |
|
|
|
|
|
|
|
January- October 2019 |
January- October 2018 |
Y-o-y change (%) |
October 2019 |
October 2018 |
Y-o-y change (%) |
|
USA |
3,055,162 |
3,177,549 |
-3.85 |
373,538 |
395,062 |
-5.45 |
|
Netherlands |
1,981,810 |
1,977,486 |
0.22 |
140,683 |
109,412 |
28.58 |
|
UK |
1,772,189 |
2,362,538 |
-24.99 |
103,361 |
199,484 |
-48.19 |
|
Russia |
1,626,081 |
2,191,785 |
-25.81 |
70,653 |
279,023 |
-74.68 |
|
Belgium |
934,833 |
1,627,262 |
-42.55 |
40,272 |
56,071 |
-28.18 |
|
Germany |
848,799 |
550,613 |
54.16 |
58,224 |
52,352 |
11.22 |
|
Romania |
730,898 |
537,812 |
35.90 |
57,164 |
38,771 |
47.44 |
|
France |
636,823 |
610,424 |
4.32 |
75,378 |
65,365 |
15.32 |
|
Denmark |
537,777 |
652,342 |
-17.56 |
30,729 |
79,332 |
-61.27 |
|
Lithuania |
462,773 |
699,298 |
-33.82 |
35,394 |
31,750 |
11.48 |
Turkey's main scrap import sources on country basis in the January-October period this year are presented below:
