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Home International Customs

Turkish Scrap imports from US up 3.8% in Jan-April

byCT Report
07/06/2016
in International Customs
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ANKARA: Turkish scrap imports volume from United States up by 3.8% to 1.13 million metric tons during the first four months of this year, while its scrap import value reached $225 million, down by 34.2% year-on-year, as per the latest figures from the Turkish Iron and Steel Producers’ Association (TCUD). Turkish total scrap import volume gained by 4.1% year-on-year to 5.53 million metric tons during January-April, while these imports were valued at $1.08 billion.

Turkey’s scrap imports from EU countries increased by 15.7% year-on-year to 3.26 million metric tons during the first four months of 2016, while scrap imports from CIS countries amounted to 897,000 mt, down 24.3% from a year early. The share of EU countries in Turkey’s total scrap imports was 59 percent during January-April, the share of the US in Turkey’s total scrap imports was 20.5 percent, while CIS countries’ share was 16.2 percent.

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