Turkish scrap imports down 11.1 percent in January-September

Thursday, 07 November 2019 14:36:32 (GMT+3)   |   Istanbul
       

In September this year, Turkey's scrap import volume increased by 39.1 percent year on year to 1.71 million metric tons and was up 14.8 percent compared to August, according to the data provided by the Turkish Statistical Institute (TUIK), The value of these imports totaled $507.21 million, up 19.2 percent year on year and increasing by 12.6 percent month on month.

In the January- September period, Turkey's scrap imports amounted to 14.04 million mt, down 11.1 percent, while the value of these imports decreased by 20.6 percent to $4.39 billion, both year on year,

In the given period, Turkey imported 2,681,622 mt of scrap from the US, down 3.62 percent year on year, with the US ranking as Turkey's leading scrap import source, ahead of the Netherlands which supplied 1,841,108 mt in the given period, down 1.44 year on year,
 
Turkey's top 10 scrap import sources in the January- September period are as follows:

Country

Amount (mt)

 

 

 

 

 

 

January- September 2019

January- September 2018

Y-o-y change (%)

September 2019

September 2018

Y-o-y change (%)

USA

2,681,622

2,782,486

-3.62

428,266

263,548

62.50

Netherlands

1,841,108

1,868,074

-1.44

213,371

69,785

205.75

UK

1,668,828

2,163,053

-22.85

127,058

143,166

-11.25

Russia

1,555,428

1,912,762

-18.68

106,247

152,507

-30.33

Belgium

894,561

1,571,190

-43.06

40,404

95,663

-57.76

Germany

790,573

498,260

58.67

175,129

79,157

121.24

Romania

673,734

499,040

35.01

94,398

53,933

75.03

France

561,446

545,058

3.01

51,853

73,288

-29.25

Denmark

507,047

573,010

-11.51

85,560

24,942

243.04

Lithuania

427,379

667,548

-35.98

-

33,940

-


Turkey's main scrap import sources on country basis in the January-September period this year are presented below:

 

 


Similar articles

Mexican domestic scrap prices - week 17, 2024

26 Apr | Scrap & Raw Materials

Boston dock delivered P&S scrap prices

26 Apr | Steel News

Dock delivered prices for HMS I/II 80:20 scrap in Boston

26 Apr | Scrap & Raw Materials

Turkey’s domestic scrap prices remain stable

26 Apr | Scrap & Raw Materials

US scrap prices pointing to sideways to slight uptrend for May

26 Apr | Scrap & Raw Materials

Global View on Scrap: Turkish market rises slowly, Asian market relatively silent amid lack of demand

26 Apr | Scrap & Raw Materials

Vietnamese scrap market remains weak, S. Korean mills cut utilization rates

26 Apr | Scrap & Raw Materials

Import scrap offers to Taiwan move down, inventories at good levels

26 Apr | Scrap & Raw Materials

Local Italian scrap prices stable, sentiment positive

26 Apr | Scrap & Raw Materials

Houston dock delivered P&S scrap prices

25 Apr | Scrap & Raw Materials