Turkey’s scrap imports up 18.4 percent in 2017

Tuesday, 06 February 2018 17:37:09 (GMT+3)   |   Istanbul
       

In December last year, Turkey's scrap import volume increased by 22 percent year on year to 2.03 million metric tons and was up 8.31 percent compared to the previous month, according to the data provided by the Turkish Statistical Institute (TUIK). The value of these imports totaled $646.3 million, up 64.9 percent year on year and up 2.6 percent compared to November.

In 2017, Turkey's scrap import volume amounted to 20.98 million mt, rising by 18.4 percent, while the value of these imports increased by 55 percent to $6.14 billion, both year on year.

In the given period, Turkey imported 3,797,672 mt of scrap from the US, up 16.47 percent year on year, with the US ranking as Turkey's leading scrap import source, ahead of the UK which supplied 3,180,348 mt in the given period, up 22.05 percent year on year.
 
Turkey's top 10 scrap import sources in 2017 are as follows:

Country

Amount (mt)

 

 

 

 

 

 

2017

2016

Y-o-y change (%)

December 2017

December 2016

Y-o-y change (%)

USA

3,797,672

3,260,728

16.47

490,147

163,158

200.41

UK

3,180,348

2,605,859

22.05

416,230

337,520

23.32

Netherlands

2,731,683

2,404,749

13.60

255,714

246,247

3.84

Russia

2,353,897

2,527,231

-6.86

192,582

91,251

111.05

Belgium

2,002,172

2,010,430

-0.41

64,535

244,353

-73.59

Lithuania

918,534

469,044

95.83

38,398

117,960

-67.45

France

743,230

587,116

26.59

103,160

36,776

180.51

Denmark

647,301

476,503

35.84

71,042

52,760

34.65

Romania

641,088

507,519

26.32

23,970

35,284

-32.07

Estonia

584,458

413,309

41.41

33,878

47,096

-28.07

Turkey's main scrap sources on country basis last year are presented below:


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