Turkey’s scrap imports up 15.6 percent in January-September

Thursday, 09 November 2017 16:25:40 (GMT+3)   |   Istanbul
       

In September this year, Turkey's scrap import volume increased by 46 percent year on year to 2.01 million metric tons and was up 29 percent compared to the previous month, according to the data provided by the Turkish Statistical Institute (TUIK). The value of these imports totaled $608.84 million, up 96.6 percent year on year and up 38.4 percent compared to August.

In the first nine months of the current year, Turkey's scrap import volume amounted to 14.93 million mt, rising by 15.6 percent, while the value of these imports increased by 45 percent to $4.15 billion, both year on year.

In the given period, Turkey imported 2,380,827 mt of scrap from the US, down 3.88 percent year on year, with the US ranking as Turkey's leading scrap import source, ahead of the UK which supplied 2,252,489 mt in the given period, up 21.57 percent year on year.
 
Turkey's top 10 scrap import sources in the first nine months of this year are as follows:

Country

Amount (mt)

 

 

 

 

 

 

Jan-Sept 2017

Jan-Sept 2016

Y-o-y change (%)

September 2017

September 2016

Y-o-y change (%)

USA

2,380,827

2,476,895

-3.88

378,664

295,851

27.99

UK

2,252,489

1,852,763

21.57

318,446

191,890

65.95

Netherlands

1,932,040

1,799,735

7.35

291,265

210,670

38.26

Belgium

1,713,574

1,327,136

29.12

239,972

83,679

186.78

Russia

1,692,353

2,085,696

-18.86

308,840

202,248

52.70

Lithuania

676,968

275,607

145.63

69,620

-

-

Germany

458,394

495,809

-7.55

38,089

40,921

-6.92

France

453,233

382,712

18.43

36,007

49,815

-27.72

Denmark

448,498

208,740

114.86

24,586

26,244

-6.32

Romania

439,491

356,777

23.18

57,462

36,056

59.37

Turkey's main scrap sources on country basis in the January-September period of this year are presented below:


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