Turkey’s scrap imports down 38.4 percent in January-February

Friday, 05 April 2019 17:25:45 (GMT+3)   |   Istanbul
       

In February this year, Turkey's scrap import volume decreased by 49 percent year on year to 945,291 metric tons and was down 23.7 percent compared to January, according to the data provided by the Turkish Statistical Institute (TUIK). The value of these imports totaled $280 million, down 55.4 percent year on year and falling by 31.7 percent month on month.

In the January-February period, Turkey's scrap imports amounted to 2.18 million mt, down 38.4 percent, while the value of these imports decreased by 40.9 percent to $690.4 million, both year on year.

In the given period, Turkey imported 399,694 mt of scrap from the US, down 39.14 percent year on year, with the US ranking as Turkey's leading scrap import source, ahead of the Netherlands which supplied 307,720 mt in the given period, down 20.75 percent year on year.
 
Turkey's top 10 scrap import sources in the January-February period are as follows:

Country

Amount (mt)

 

 

 

 

 

 

Jan-Feb 2019

Jan-Feb 2018

Y-o-y change (%)

Feb 2019

Feb 2018

Y-o-y change (%)

USA

399,694

656,694

-39.14

185,295

270,344

-31.46

Netherlands

307,720

388,300

-20.75

115,674

259,284

-55.39

Russia

290,047

356,949

-18.74

108,324

143,855

-24.70

Germany

198,540

77,730

155.42

42,649

48,146

-11.42

UK

197,140

509,897

-61.34

-

306,151

-

Belgium

133,991

321,944

-58.38

33,753

218,250

-84.53

Romania

107,188

92,675

15.66

46,317

41,539

11.50

Denmark

105,531

150,857

-30.05

44,874

123,046

-63.53

France

80,483

112,199

-28.27

13,634

87,201

-84.36

Libya

58,099

74

-

31,712

74

-

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


Most Recent Related Articles

Pacific Northwest dock delivered prices for shredder feed scrap

Local Turkish rebar spot prices stable except in Izmir region

Egyptian and Emirati wire rod in demand in Saudi Arabia

Ship scrap prices fall in Turkey’s Izmir region

Turkey's coking coal imports down 0.9 percent in January-November