Turkey’s scrap imports up 18.05 percent in January-November

Wednesday, 03 January 2018 11:36:16 (GMT+3)   |   Istanbul
       

In November last year, Turkey's scrap import volume decreased by 1.42 percent year on year to 1.87 million metric tons and was down 12.71 percent compared to the previous month, according to the data provided by the Turkish Statistical Institute (TUIK). The value of these imports totaled $629.8 million, up 47.03 percent year on year and down 11.41 percent compared to October.

In the first 11 months of last year, Turkey's scrap import volume amounted to 18.95 million mt, rising by 18.05 percent, while the value of these imports increased by 53.82 percent to $5.49 billion, both year on year.

In the given period, Turkey imported 3,307,058 mt of scrap from the US, up 6.76 percent year on year, with the US ranking as Turkey's leading scrap import source, ahead of the UK which supplied 2,764,118 mt in the given period, up 21.86 percent year on year.
 
Turkey's top 10 scrap import sources in the first 11 months of last year are as follows:

Country

Amount (mt)

 

 

 

 

 

 

Jan-Nov 2017

Jan-Nov 2016

Y-o-y change (%)

November 2017

November 2016

Y-o-y change (%)

USA

3,307,058

3,097,570

6.76

375,836

409,995

-8.33

UK

2,764,118

2,268,339

21.86

300,287

230,707

30.16

Netherlands

2,475,968

2,158,502

14.71

227,130

254,823

-10.87

Russia

2,161,314

2,435,980

-11.28

166,006

165,736

0.16

Belgium

1,937,636

1,766,077

9.71

148,399

246,379

-39.77

Lithuania

880,136

351,084

150.69

163,325

33,571

386.51

France

640,070

550,340

16.30

72,832

13,242

450.01

Denmark

614,054

472,234

30.03

75,744

41,462

82.68

Romania

576,259

423,742

35.99

50,050

33,569

49.10

Estonia

550,580

366,213

50.34

92,033

57,744

59.38

 

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


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