In April this year, Turkey's scrap import volume increased by 13.9 percent year on year to 1.9 million metric tons and up 3.26 percent compared to March, according to the data provided by the Turkish Statistical Institute (TUIK). The value of these imports totaled $684.4 million, up 51.2 percent year on year and rising by 4.4 percent month on month.
In the first four months of the current year, Turkey's scrap imports amounted to 7.3 million mt, up 23.1 percent, while the value of these imports increased by 57.2 percent to $2.5 billion, both year on year.
In the given period, Turkey imported 1,445,627 mt of scrap from the US, up 47.61 percent year on year, with the US ranking as Turkey's leading scrap import source, ahead of the UK which supplied 1,109,173 mt in the given period, up 29.49 percent year on year.
Turkey's top 10 scrap import sources in the January-April period are as follows:
|
Country |
Amount (mt) |
|
|
|
|
|
|
|
Jan-Apr 2018 |
Jan-Apr 2017 |
Y-o-y change (%) |
April 2018 |
April 2017 |
Y-o-y change (%) |
|
USA |
1,445,627 |
979,356 |
47.61 |
455,339 |
170,341 |
167.31 |
|
UK |
1,109,173 |
856,579 |
29.49 |
268,363 |
270,042 |
-0.62 |
|
Belgium |
837,358 |
770,239 |
8.71 |
263,742 |
215,441 |
22.42 |
|
Russia |
804,093 |
484,974 |
65.80 |
193,710 |
153,199 |
26.44 |
|
Netherlands |
746,204 |
840,027 |
-11.17 |
183,807 |
239,156 |
-23.14 |
|
Denmark |
305,403 |
232,898 |
31.13 |
106,089 |
62,949 |
68.53 |
|
Lithuania |
294,548 |
247,777 |
18.88 |
51,074 |
21,008 |
143.12 |
|
Canada |
283,244 |
71 |
- |
38,992 |
- |
- |
|
France |
182,181 |
258,837 |
-29.62 |
43,838 |
100,999 |
-56.60 |
|
Romania |
177,871 |
156,027 |
14.00 |
40,631 |
62,709 |
-35.21 |
Turkey's main scrap sources on country basis in the January-April period are presented below:
