Turkish scrap imports down 11.6 percent in January-November

Monday, 06 January 2020 12:15:00 (GMT+3)   |   Istanbul
       

In November this year, Turkey's scrap import volume increased by 7.6 percent year on year and by 42 percent month on month to 1.63 million metric tons, according to the data provided by the Turkish Statistical Institute (TUIK). The value of these imports totaled $392.18 million, down 20.6 percent year on year and increasing by 23.2 percent month on month.

In the January-November period, Turkey's scrap imports amounted to 16.82 million mt, down 11.6 percent, while the value of these imports decreased by 22.5 percent to $5.1 million, both year on year,

In the given period, Turkey imported 3,356,701 mt of scrap from the US, down 1.69 percent year on year, with the US ranking as Turkey's leading scrap import source, ahead of the Netherlands which supplied 2,344,929 mt in the given period, up 7.33 year on year,
 
Turkey's top 10 scrap import sources in the January-November period are as follows:

Country

Amount (mt)

 

 

 

 

 

 

January- November 2019

January- November 2018

Y-o-y change (%)

November 2019

November 2018

Y-o-y change (%)

USA

3,356,701

3,414,530

-1.69

301,539

236,981

27.24

Netherlands

2,344,929

2,184,801

7.33

363,119

207,314

75.15

UK

1,986,314

2,518,636

-21.14

214,124

156,098

37.17

Russia

1,730,449

2,299,724

-24.75

104,368

107,938

-3.31

Belgium

1,060,627

1,753,806

-39.52

125,793

126,544

-0.59

Germany

849,044

612,297

38.67

245

61,684

-99.60

Romania

776,309

593,377

30.83

45,410

55,565

-18.28

France

670,814

675,971

-0.76

33,990

65,546

-48.14

Denmark

595,956

733,974

-18.80

58,177

81,631

-28.73

Lithuania

537,432

734,256

-26.81

74,659

34,957

113.57


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

 


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