In November last year, Turkey's scrap import volume decreased by 19.4 percent year on year to 1.51 million metric tons and was down 11.7 percent compared to October, according to the data provided by the Turkish Statistical Institute (TUIK). The value of these imports totaled $494.1 million, down 21.5 percent year on year and falling by 12.18 percent month on month.
In the January-November period of last year, Turkey's scrap imports amounted to 19.03 million mt, up 0.4 percent, while the value of these imports increased by 20.17 percent to $6.6 billion, both year on year.
In the given period, Turkey imported 3,414,531 mt of scrap from the US, up 3.25 percent year on year, with the US ranking as Turkey's leading scrap import source, ahead of the UK which supplied 2,518,638 mt in the given period, down 8.88 percent year on year.
Turkey's top 10 scrap import sources in the January-November period are as follows:
Country |
Amount (mt) |
|
|
|
|
|
|
Jan-Nov 2018 |
Jan-Nov 2017 |
Y-o-y change (%) |
November 2018 |
November 2017 |
Y-o-y change (%) |
USA |
3,414,531 |
3,307,057 |
3.25 |
236,981 |
375,836 |
-36.95 |
UK |
2,518,638 |
2,764,117 |
-8.88 |
156,098 |
300,286 |
-48.02 |
Russia |
2,299,725 |
2,161,313 |
6.40 |
107,938 |
166,005 |
-34.98 |
Netherlands |
2,184,801 |
2,475,967 |
-11.76 |
207,314 |
227,130 |
-8.72 |
Belgium |
1,753,807 |
1,937,635 |
-9.49 |
126,544 |
148,399 |
-14.73 |
Canada |
826,006 |
443,003 |
86.46 |
51,160 |
30,950 |
65.30 |
Lithuania |
734,257 |
880,135 |
-16.57 |
34,957 |
163,325 |
-78.60 |
Denmark |
733,974 |
614,054 |
19.53 |
81,631 |
75,743 |
7.77 |
France |
675,971 |
640,070 |
5.61 |
65,546 |
72,831 |
-10.00 |
Germany |
612,297 |
518,517 |
18.09 |
61,684 |
17,095 |
260.83 |
Turkey's main scrap sources on country basis in the January-November period are presented below: