Turkey’s scrap imports up nine percent in 2016

Monday, 06 February 2017 13:52:47 (GMT+3)   |   Istanbul
       

In December last year, Turkey's scrap import volume decreased by 4.6 percent year on year to 1.66 million metric tons and was down 12.6 percent compared to the previous month, according to the data provided by the Turkish Statistical Institute (TUIK). The value of these imports totaled $391.8 million, up 16.5 percent year on year and falling by 8.5 percent compared to November.

Last year, Turkey's scrap imports increased by nine percent to 17.7 million mt, while the value of these imports decreased by 7.6 percent to $3.96 billion, both compared to the same period of the previous year.
 
In 2016, Turkey imported 3,260,729 mt of scrap from the US, down 15.07 percent year on year, with the US ranking as Turkey's leading scrap import source, ahead of Russia which supplied 2,605,859 mt in the given period, up 6.13 percent year on year.
 
Turkey's top 10 scrap import sources last year are as follows:

Country

Amount (mt)

 

 

 

 

 

 

Jan-Dec

2016

Jan-Dec

2015

Y-o-y change (%)

December 2016

December 2015

Y-o-y change (%)

USA

3,260,729

3,839,313

-15.07

163,158

449,511

-63.70

Russia

2,605,859

2,455,427

6.13

337,512

303,201

11.32

UK

2,527,231

2,417,077

4.56

91,251

158,420

-42.40

Netherlands

2,404,750

1,161,660

107.01

246,247

197,744

24.53

Belgium

2,010,431

1,333,241

50.79

244,353

174,808

39.78

France

587,116

233,354

151.60

36,776

21,119

74.14

Denmark

507,520

355,849

42.62

35,284

28,006

25.99

Romania

476,504

553,125

-13.85

52,760

38,118

38.41

Estonia

469,045

426,173

10.06

117,960

67,379

75.07

Lithuania

413,310

298,704

38.37

47,096

44,671

5.43


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