Turkey’s scrap imports up 2.6 percent in January-October

Tuesday, 11 December 2018 14:35:00 (GMT+3)   |   Istanbul
       

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:


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