Turkish scrap imports down 42.2 percent in July from June

Tuesday, 10 September 2019 15:37:10 (GMT+3)   |   Istanbul
       

In July this year, Turkey's scrap import volume fell by 4.1 percent year on year to 1.83 million metric tons and was up 42.2 percent compared to June, according to the data provided by the Turkish Statistical Institute (TUIK), The value of these imports totaled $563.43 million, down 16.2 percent year on year and increasing by 39.7 percent month on month.

In the January-July period, Turkey's scrap imports amounted to 10.84 million mt, down 14.5 percent, while the value of these imports decreased by 22.6 percent to $3.44 billion, both year on year,

In the given period, Turkey imported 1,960,923 mt of scrap from the US, down 8.10 percent year on year, with the US ranking as Turkey's leading scrap import source, ahead of the Netherlands which supplied 1,453,675 mt in the given period, up 3.03 year on year.

Turkey's top 10 scrap import sources in the January-July period are as follows:

Country

Amount (mt)

 

 

 

 

 

 

January-July 2019

January- July 2018

Y-o-y change (%)

July 2019

July 2018

Y-o-y change (%)

USA

1,960,923

2,133,745

-8.10

336,447

150,962

122.87

Netherlands

1,453,675

1,410,969

3.03

203,370

206,171

-1.36

UK

1,360,118

1,894,317

-28.20

205,429

382,438

-46.28

Russia

1,247,609

1,606,145

-22.32

277,343

270,963

2.35

Belgium

835,323

1,291,022

-35.30

207,192

169,165

22.48

Germany

558,304

354,523

57.48

82,377

24,263

239.52

Romania

519,957

379,447

37.03

73,253

67,996

7.73

France

439,290

371,983

18.09

54,494

78,590

-30.66

Denmark

395,900

496,636

-20.28

35,206

59,836

-41.16

Lithuania

328,135

593,441

-44.71

33,521

94,634

-64.58


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


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