Turkey’s scrap imports down 15 percent in 2015

Friday, 12 February 2016 16:07:06 (GMT+3)   |   Istanbul
       

In December last year, Turkey's scrap import volume increased by 34.8 percent year on year to 1.74 million metric tons, up 34 percent compared to the previous month, according to the data provided by the Turkish Statistical Institute (TUIK). The value of these imports totaled $336.17 million, down 22.6 percent year on year and rising by 18.6 percent compared to November.


 
In 2015, Turkey's scrap imports amounted to 16.25 million mt, falling 15 percent, while the value of these imports decreased by 40 percent to $4.3 billion, both compared to 2014.
 
Last year, Turkey imported 3,839,314 mt of scrap from the US, down 3.78 percent year on year, with the US ranking as Turkey's leading scrap import source, ahead of Russia which supplied 2,455,428 mt in the given period, up 15.52 percent year on year.
 
Turkey's top 10 scrap import sources in 2015 last year are as follows:

 

Country

Amount (mt)

     
 

January- December 2015

January- December 2014

Y-o-y change (%)

December 2015

December 2014

Y-o-y change (%)

USA

3,839,314

3,990,293

-3.78

449,511

258,158

74.12

UK

2,455,428

2,125,577

15.52

303,201

65,210

364.96

Russia

2,417,078

2,807,966

-13.92

158,420

156,136

1.46

Belgium

1,333,242

1,523,790

-12.50

174,808

193,225

-9.53

Netherlands

1,161,660

1,490,898

-22.08

197,744

91,717

115.60

Ukraine

1,154,118

849,193

35.91

40,601

66,943

-39.35

Romania

553,125

1,260,508

-56.12

38,118

42,089

-9.43

Lithuania

426,173

364,347

16.97

67,379

-

-

Denmark

355,850

684,440

-48.01

28,006

71,119

-60.62

Canada

317,116

277,755

14.17

-

31,516

-

Turkey's main scrap sources on country basis in 2015 are presented below:


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