In October this year, Turkey's scrap import volume decreased by 20.4 percent year on year to 1.71 million metric tons and was up 39 percent compared to September, according to the data provided by the Turkish Statistical Institute (TUIK). The value of these imports totaled $562.66 million, down 20.8 percent year on year and rising by 32.2 percent month on month.
In the January-October period of the current year, Turkey's scrap imports amounted to 17.52 million mt, up 2.6 percent, while the value of these imports increased by 25.5 percent to $6.1 billion, both year on year.
In the given period, Turkey imported 3,177,549 mt of scrap from the US, up 8.4 percent year on year, with the US ranking as Turkey's leading scrap import source, ahead of the UK which supplied 2,362,538 mt in the given period, down 4.11 percent year on year.
Turkey's top 10 scrap import sources in the January-October period are as follows:
|
Country |
Amount (mt) |
|
|
|
|
|
|
|
Jan-Oct 2018 |
Jan-Oct 2017 |
Y-o-y change (%) |
October 2018 |
October 2017 |
Y-o-y change (%) |
|
USA |
3,177,549 |
2,931,221 |
8.40 |
395,062 |
550,394 |
-28.22 |
|
UK |
2,362,538 |
2,463,830 |
-4.11 |
199,484 |
211,346 |
-5.61 |
|
Russia |
2,191,786 |
1,995,307 |
9.85 |
279,023 |
302,954 |
-7.90 |
|
Netherlands |
1,977,487 |
2,249,356 |
-12.09 |
109,412 |
317,317 |
-65.52 |
|
Belgium |
1,627,263 |
1,789,236 |
-9.05 |
56,071 |
75,661 |
-25.89 |
|
Canada |
774,845 |
412,053 |
88.04 |
104,800 |
52,500 |
99.62 |
|
Lithuania |
699,299 |
716,810 |
-2.44 |
31,750 |
716,810 |
-95.57 |
|
Denmark |
652,343 |
538,311 |
21.18 |
79,332 |
85,077 |
-6.75 |
|
France |
610,424 |
567,238 |
7.61 |
65,365 |
108,845 |
-39.95 |
|
Germany |
550,613 |
501,422 |
9.81 |
52,352 |
52,925 |
-1.08 |
Turkey's main scrap sources on country basis in the January-October period are presented below:
