Turkey’s scrap imports down 1.5 percent in 2018

Wednesday, 13 February 2019 14:09:44 (GMT+3)   |   Istanbul
       

In December last year, Turkey's scrap import volume decreased by 19.5 percent year on year to 1.63 million metric tons and was up 7.7 percent compared to November, according to the data provided by the Turkish Statistical Institute (TUIK). The value of these imports totaled $547.11 million, down 15.3 percent year on year and rising by 10.7 percent month on month.

In 2018, Turkey's scrap imports amounted to 20.66 million mt, down 1.5 percent, while the value of these imports increased by 16.3 percent to $7.14 billion, both year on year.

In the given period, Turkey imported 3,704,581 mt of scrap from the US, down 2.45 percent year on year, with the US ranking as Turkey's leading scrap import source, ahead of the UK which supplied 2,648,433 mt in the given period, down 16.72 percent year on year.
 
Turkey's top 10 scrap import sources in 2018 period are as follows:

Country

Amount (mt)

 

 

 

 

 

 

2018

2017

Y-o-y change (%)

December 2018

December 2017

Y-o-y change (%)

USA

3,704,581

3,797,671

-2.45

290,050

490,147

-40.82

UK

2,648,433

3,180,271

-16.72

129,795

416,230

-68.82

Russia

2,518,099

2,353,896

6.98

218,219

192,582

13.31

Netherlands

2,318,151

3,731,340

-37.87

133,330

255,373

-47.79

Belgium

1,911,161

2,002,171

-4.55

157,352

64,535

143.82

Canada

826,006

526,312

56.94

-

83,308

 

Lithuania

820,660

918,533

-10.66

86,403

38,398

125.02

Denmark

807,338

641,109

25.93

73,363

27,054

171.17

France

733,529

743,230

-1.31

57,557

103,160

-44.21

Romania

676,583

647,300

4.52

83,205

71,042

17.12

Turkey's main scrap sources on country basis in 2018 are presented below:


Similar articles

TCUD: Turkey’s crude steel output rises in Jan-Feb with new capacities

01 Apr | Steel News

Turkish steel industry awaits government support to regain competitiveness

26 Mar | Steel News

Turkish steel industry aims to increase trade volume with Lithuania

25 Mar | Steel News

TCUD: Turkey becomes Europe’s largest steel producer in January

29 Feb | Steel News

TCUD: Turkey’s steel output and export decrease in 2023

02 Feb | Steel News

TCUD: Turkey’s steel output increases further in Nov, output rise forecast for 2024

03 Jan | Steel News

ÇİB: Turkey becomes net importer for the first time since 2015

20 Dec | Steel News

TCUD: Turkey’s steel output rises in October with new capacities

30 Nov | Steel News

Turkish steelmakers remain under strong pressure to export

29 Nov | Steel News

Turkey’s rebar exports decrease by 44.9 percent in Jan-Sept

14 Nov | Steel News