In April this year, Turkey's scrap import volume fell by 5.9 percent year on year and by 17.7 percent month on month to 1.51 million metric tons, according to the data provided by the Turkish Statistical Institute (TUIK). The value of these imports totaled $659.71 million, down 13.5 percent year on year and 19.8 percent month on month.
In the January-April period, Turkey's scrap imports amounted to 6.83 million mt, up 2.5 percent, while the value of these imports increased by 7.2 percent to $2.95 billion, both year on year.
In the given period, Turkey imported 1.37 million mt of scrap from the US, up 9.2 percent year on year, with the US ranking as Turkey's leading scrap import source, ahead of the Netherlands which supplied 997,997 mt in the given period, up 16.1 year on year, and the UK which supplied 728,965 mt of scrap, up 16.4 percent year on year.
Turkey's top 10 scrap import sources in the January-April period are as follows:
|
Country |
Amount (mt) |
|
|
|
|
|
|
|
January-April 2023 |
January-April 2024 |
Y-o-y change (%) |
April 2023 |
April 2024 |
Y-o-y change (%) |
|
US |
1,257,899 |
1,373,725 |
9.2 |
298,973 |
364,591 |
21.9 |
|
Netherlands |
859,341 |
997,997 |
16.1 |
304,928 |
194,238 |
-36.3 |
|
UK |
626,142 |
728,965 |
16.4 |
137,799 |
152,239 |
10.5 |
|
Belgium |
701,017 |
479,428 |
-31.6 |
192,265 |
38,113 |
-80.2 |
|
Denmark |
361,641 |
359,653 |
-0.5 |
147,652 |
73,621 |
-50.1 |
|
Lithuania |
278,818 |
345,353 |
23.9 |
62,096 |
56,388 |
-9.2 |
|
Romania |
365,569 |
308,055 |
-15.7 |
80,871 |
74,206 |
-8.2 |
|
France |
205,890 |
243,282 |
18.2 |
44,993 |
83,356 |
85.3 |
|
Germany |
254,084 |
209,437 |
-17.6 |
86,119 |
24,358 |
-71.7 |
|
Poland |
70,498 |
193,703 |
174.8 |
47,628 |
52,385 |
10.0 |
Turkey's main scrap import sources on country basis in the January-April period this year are presented below:
