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:
