Turkey’s scrap imports rise slightly in January-November

Monday, 07 January 2019 14:13:02 (GMT+3)   |   Istanbul
       

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:


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