In January this year, Turkey's scrap import volume decreased by 26.3 percent year on year to 1.24 million metric tons and was down 23.9 percent compared to December, according to the data provided by the Turkish Statistical Institute (TUIK). The value of these imports totaled $410.3 million, down 24 percent year on year and falling by 25 percent month on month.
In the given period, Turkey imported 214,398 mt of scrap from the US, down 25.11 percent year on year, with the US ranking as Turkey's leading scrap import source, ahead of the UK which supplied 192,055 mt in the given period, up 48.86 percent year on year.
Turkey's top 10 scrap import sources in January period are as follows:
Country |
Amount (mt) |
|
|
|
January 2019 |
January 2018 |
Y-o-y change (%) |
USA |
214,398 |
286,300 |
-25.11 |
UK |
192,055 |
129,016 |
48.86 |
Russia |
181,723 |
213,094 |
-14.72 |
Netherlands |
155,849 |
29,584 |
426.80 |
Belgium |
100,143 |
203,745 |
-50.85 |
Canada |
80,238 |
103,694 |
-22.62 |
Lithuania |
66,848 |
24,998 |
167.41 |
Denmark |
60,870 |
51,135 |
19.04 |
France |
60,657 |
27,810 |
118.11 |
Romania |
35,201 |
88,902 |
-60.40 |
Turkey's main scrap sources on country basis in January are presented below: