In November last year, Turkey's scrap import volume increased by 13.3 percent year on year and by 19.9 percent month on month to 1.76 million metric tons, according to the data provided by the Turkish Statistical Institute (TUIK). The value of these imports totaled $700.44 million, up 16.3 percent year on year and 19.1 percent month on month.
In the January-November period, Turkey's scrap imports amounted to 18.18 million mt, up 6.2 percent, while the value of these imports increased by 9.1 percent to $7.59 billion, both year on year.
In the given period, Turkey imported 4.23 million mt of scrap from the US, up 3.3 percent year on year, with the US ranking as Turkey's leading scrap import source, ahead of the Netherlands which supplied 2.53 million mt in the given period, up 31.5 year on year, and the UK which supplied 1.97 million mt of scrap, up 63.3 percent year on year.
Turkey's top 10 scrap import sources in the January-November period are as follows:
Country |
Amount (mt) |
|
|
|
|
|
|
January-November 2023 |
January-November 2024 |
Y-o-y change (%) |
November 2023 |
November 2024 |
Y-o-y change (%) |
US |
4,092,969 |
4,227,947 |
3.3 |
462,315 |
355,202 |
-23.2 |
Netherlands |
1,921,375 |
2,526,003 |
31.5 |
151,052 |
297,791 |
97.1 |
United Kingdom |
1,206,238 |
1,970,349 |
63.3 |
37,230 |
197,198 |
429.7 |
Belgium |
1,429,215 |
1,141,898 |
-20.1 |
40,332 |
194,573 |
382.4 |
Lithuania |
753,259 |
933,683 |
24.0 |
114,273 |
83,252 |
-27.1 |
Denmark |
857,839 |
845,693 |
-1.4 |
84,470 |
107,774 |
27.6 |
Romania |
895,986 |
808,573 |
-9.8 |
88,054 |
63,703 |
-27.7 |
Germany |
750,608 |
587,409 |
-21.7 |
74,515 |
56,761 |
-23.8 |
Russia |
422,755 |
555,773 |
31.5 |
74,504 |
85,111 |
14.2 |
Venezuela |
581,221 |
526,386 |
-9.4 |
40,979 |
42,899 |
4.7 |
Turkey's main scrap import sources on country basis in the January-November period last year are presented below:
