In October this year, Turkey’s scrap imports rose by 40.7 percent month on month and by 3.2 percent year on year to 1,490,888 mt, according to the data provided by the Turkish Statistical Institute (TUIK). Meanwhile, the value of these imports increased by 43.1 percent compared to the previous month and by 0.9 percent year on year to $567.86 million.
In the January-October period of this year, Turkey’s scrap imports moved down by 15.9 percent to 15.34 million mt, while the revenue from these imports amounted to $6.36 billion, down 27.4 percent, both year on year.
In the given period, Turkey’s scrap imports from the US amounted to 3,515,210 mt, down 0.1 percent year on year, while the US was followed by the Netherlands with 1,749,011 mt, up 0.9 percent, and by Belgium with 1,388,892 mt, up 1.8 percent, both on year-on-year basis.