Turkey’s scrap imports up 8.35 percent in H1

Monday, 15 August 2016 16:01:00 (GMT+3)   |   Istanbul
       

In June this year, Turkey's scrap import volume increased by 32.8 percent year on year to 1.94 million metric tons and was up 14.1 percent compared to the previous month, according to the data provided by the Turkish Statistical Institute (TUIK). The value of these imports totaled $504 million, up 26.8 percent year on year and rising by 30 percent compared to May.

 

In the January-June period of this year, Turkey's scrap imports increased by 8.35 percent to 9.18 million mt, while the value of these imports decreased by 20 percent to $1.97 billion, both compared to the same period of the previous year.
 
In the first half of the current year, Turkey imported 1,896,372 mt of scrap from the US, up 7.76 percent year on year, with the US ranking as Turkey's leading scrap import source, ahead of Russia which supplied 1,430,997 mt in the given period, up 16.07 percent year on year.
 
Turkey's top 10 scrap import sources in the first six months of the current year are as follows:

 

Country

Amount (mt)

     
 

Jan-Jun 2016

Jan-Jun 2015

Y-o-y change (%)

June 2016

June 2015

Y-o-y change (%)

USA

1,896,372

1,759,833

7.76

560,525

293,116

91.23

Russia

1,430,997

1,232,826

16.07

222,702

218,213

2.06

UK

1,255,480

1,164,076

7.85

118,070

175,203

-32.61

Netherlands

1,252,068

719,629

73.99

313,717

61,456

410.47

Belgium

999,198

780,139

28.08

227,727

152,220

49.60

France

297,276

114,364

159.94

66,919

14,649

356.82

Lithuania

262,495

285,631

-8.10

48,884

24,250

101.58

Romania

248,092

372,245

-33.35

30,216

75,365

-59.91

Denmark

234,472

133,615

75.48

52,866

28,536

85.26

Ukraine

228,022

675,533

-66.25

56,849

158,841

-64.21

Turkey's main scrap sources on country basis in the first six months of the current year are presented below:


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