Turkey’s scrap imports down 18 percent in January-September

Friday, 13 November 2015 11:49:02 (GMT+3)   |   Istanbul
       

In September this year, Turkey's scrap import volume decreased by 39 percent year on year to 1.01 million metric tons, down 0.3 percent compared to the previous month, according to the data provided by the Turkish Statistical Institute (TUIK). The value of these imports totaled $241.3 million, down 62 percent year on year and falling 9.66 percent compared to August.


 
In the first nine months of this year, Turkey's scrap imports amounted to 12.04 million mt, falling 18 percent, while the value of these imports decreased by 38.7 percent to $3.4 billion, both compared to the same period of 2014.
 
In the January-September period this year, Turkey imported 2,622,266 mt of scrap from the US, down 12.07 percent year on year, with the US ranking as Turkey's leading scrap import source, ahead of Russia which supplied 1,849,139 mt in the given period, down 17.25 percent year on year.
 
Turkey's top 10 scrap import sources in the January-September period of this year are as follows:

 

Country

Amount (mt)

     
 

January- September 2015

January- September 2014

Y-o-y change (%)

September 2015

September 2014

Y-o-y change (%)

USA

2,622,266

2,982,228

-12.07

214,376

371,192

-42.25

Russia

1,849,139

2,234,673

-17.25

190,587

223,666

-14.79

UK

1,780,385

1,851,725

-3.85

210,835

238,873

-11.74

Ukraine

993,899

632,377

57.17

44,010

94,855

-53.60

Belgium

978,018

1,105,706

-11.55

99,933

148,536

-32.72

Netherlands

791,335

1,082,319

-26.89

55,963

119,992

-53.36

Romania

486,173

1,054,157

-53.88

34,847

119,845

-70.92

Lithuania

358,794

306,662

17.00

33,788

26,401

27.98

Estonia

254,033

343,930

-26.14

-

22,010

-

Germany

244,085

389,244

-37.29

31,484

-

-

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


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