In August this year, Turkey's scrap import volume fell by 21.3 percent year on year to 1.49 million metric tons and was up 18.6 percent compared to July, according to the data provided by the Turkish Statistical Institute (TUIK), The value of these imports totaled $450.60 million, down 32.5 percent year on year and decreasing by 20 percent month on month.
In the January-August period, Turkey's scrap imports amounted to 12.33 million mt, down 15.4 percent, while the value of these imports decreased by 23.9 percent to $3.89 billion, both year on year,
In the given period, Turkey imported 2,253,355 mt of scrap from the US, down 10.5 percent year on year, with the US ranking as Turkey's leading scrap import source, ahead of the Netherlands which supplied 1,627,736 mt in the given period, down 9.5 year on year,
Turkey's top 10 scrap import sources in the January-August period are as follows:
|
Country |
Amount (mt) |
|
|
|
|
|
|
|
January-August 2019 |
January- August 2018 |
Y-o-y change (%) |
August 2019 |
August 2018 |
Y-o-y change (%) |
|
USA |
2,253,355 |
2,518,938 |
-10.54 |
292,432 |
385,193 |
-24.08 |
|
Netherlands |
1,627,736 |
1,798,288 |
-9.48 |
174,065 |
387,319 |
-55.06 |
|
UK |
1,541,769 |
2,019,887 |
-23.67 |
181,651 |
125,570 |
44.66 |
|
Russia |
1,449,181 |
1,760,254 |
-17.67 |
201,572 |
154,108 |
30.80 |
|
Belgium |
854,156 |
1,475,526 |
-42.11 |
18,833 |
184,503 |
-89.79 |
|
Germany |
615,444 |
419,102 |
46.85 |
57,139 |
64,579 |
-11.52 |
|
Romania |
579,335 |
445,107 |
30.16 |
59,378 |
65,660 |
-9.57 |
|
France |
509,593 |
471,769 |
8.02 |
70,301 |
99,786 |
-29.55 |
|
Denmark |
427,379 |
633,607 |
-32.55 |
99,243 |
40,165 |
147.09 |
|
Lithuania |
421,487 |
548,067 |
-23.10 |
25,587 |
51,431 |
-50.25 |
Turkey's main scrap import sources on country basis in the January-August period this year are presented below:
