Turkey’s scrap imports down 27.6 percent in Q1

Tuesday, 07 May 2019 15:31:06 (GMT+3)   |   Istanbul
       

In March this year, Turkey's scrap import volume decreased by 6.9 percent year on year to 1.71 million metric tons and was up 81.3 percent compared to February, according to the data provided by the Turkish Statistical Institute (TUIK). The value of these imports totaled $532.4 million, down 18.8 percent year on year and increasing by 90.1 percent month on month.

In the January-March period, Turkey's scrap imports amounted to 3.89 million mt, down 27.6 percent, while the value of these imports decreased by 33 percent to $1.22 billion, both year on year.

In the given period, Turkey imported 735,469 mt of scrap from the US, down 25.7 percent year on year, with the US ranking as Turkey's leading scrap import source, ahead of the Netherlands which supplied 598,856 mt in the given period, up 6.5 percent year on year.
 
Turkey's top 10 scrap import sources in the January-March period are as follows:

Country

Amount (mt)

 

 

 

 

 

 

Jan-Mar 2019

Jan-Mar 2018

Y-o-y change (%)

March 2019

March 2018

Y-o-y change (%)

USA

735,469

990,288

-25.73

335,775

333,593

0.65

Netherlands

598,856

562,386

6.48

291,135

174,085

67.24

Russia

439,169

610,382

-28.05

150,795

253,432

-40.50

UK

408,764

840,787

-51.38

211,624

330,899

-36.05

Belgium

288,654

573,615

-49.68

174,664

251,670

-30.60

Germany

218,135

133,766

63.07

19,800

56,035

-64.66

Romania

183,647

137,241

33.81

76,460

44,565

71.57

Denmark

161,342

198,348

-18.66

55,812

47,490

17.52

France

155,776

138,343

12.60

75,293

26,144

187.99

Estonia

88,060

115,918

-24.03

52,859

16,989

211.14


Turkey's main scrap import destinations on country basis in the January-March this year are presented below:


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