Turkey’s scrap imports down 15.22 percent in January-August

Monday, 12 October 2015 16:35:03 (GMT+3)   |   Istanbul
       

In August this year, Turkey's scrap import volume decreased by 33.8 percent year on year to 1.02 million metric tons, according to the data provided by the Turkish Statistical Institute (TUIK). The value of these imports totaled $267.11 million, down 54 percent year on year.
 

In the first eight months of this year, Turkey's scrap imports amounted to 11.03 million mt, falling 15.22 percent, while the value of these imports decreased by 35.7 percent to $3.16 billion, both compared to the same period of 2014.
 
In the January-August period this year, Turkey imported 2,407,890 mt of scrap from the US, down 7.78 percent year on year, with the US ranking as Turkey's leading scrap import source, ahead of Russia which supplied 1,658,553 mt in the given period, down 17.53 percent year on year.
 
Turkey's top 10 scrap import sources in the January-August period of this year are as follows:

 

Country

Amount (mt)

     
 

January-August 2015

January- August 2014

Y-o-y change (%)

August 2015

August 2014

Y-o-y change (%)

USA

2,407,890

2,611,035

-7.78

205,134

260,066

-21.12

Russia

1,658,553

2,011,007

-17.53

128,279

278,241

-53.90

UK

1,569,549

1,612,852

-2.68

234,077

170,207

37.52

Ukraine

949,888

537,521

76.72

122,534

58,390

109.85

Belgium

878,084

957,170

-8.26

43,054

100,269

-57.06

Netherlands

735,372

962,327

-23.58

15,744

174,727

-90.99

Romania

451,326

934,311

-51.69

27,496

141,285

-80.54

Lithuania

325,006

280,260

15.97

10,065

93,847

-89.28

Estonia

254,033

321,921

-21.09

-

-

-

Denmark

242,232

396,899

-38.97

21,006

26,108

-19.54


 
Turkey's main scrap sources on country basis in the January-August period are presented below:


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