Turkey’s scrap imports down 13.6 percent in January-May

Wednesday, 03 July 2019 17:39:10 (GMT+3)   |   Istanbul
       

In May this year, Turkey's scrap import volume increased by 9.5 percent year on year to 1.81 million metric tons and was down 10.1 percent compared to April, according to the data provided by the Turkish Statistical Institute (TUIK), The value of these imports totaled $588.39 million, down 2.7 percent year on year and decreasing by 10.7 percent month on month.

In the January-May period, Turkey's scrap imports amounted to 7.72 million mt, down 13.6 percent, while the value of these imports decreased by 20.7 percent to $2.47 billion, both year on year,

In the given period, Turkey imported 1,361,073 mt of scrap from the US, down 18.92 percent year on year, with the US ranking as Turkey's leading scrap import source, ahead of the Netherlands which supplied 1,121,128 mt in the given period, up 13.81percent year on year,
 
Turkey's top 10 scrap import sources in the January- May period are as follows:

Country

Amount (mt)

 

 

 

 

 

 

January-May 2019

January-May 2018

Y-o-y change (%)

May 2019

May 2018

Y-o-y change (%)

USA

1,361,073

1,678,725

-18.92

308,952

233,098

32.54

Netherlands

1,121,128

985,087

13.81

228,555

238,882

-4.32

UK

1,003,848

1,288,960

-22.12

251,518

179,787

39.9

Russia

803,692

1,036,017

-22.42

155,513

231,924

-32.95

Belgium

588,128

970,969

-39.43

149,372

133,615

11.79

Germany

432,308

254,667

69.75

110,116

91,650

20.15

Romania

381,731

234,336

62.90

108,728

56,465

92.56

France

321,998

220,246

46.20

81,348

38,065

113.71

Denmark

314,073

357,961

-12.26

73,776

52,557

40.37

Lithuania

168,430

369,260

-54.39

26,329

74,712

-64.76


Turkey's main scrap import sources on country basis in the January-May period this year are presented below:


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