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Türkiye’s scrap imports declined by 19.5% in April

In April 2023, Turkish scrap imports decreased by 19.5% compared to April 2022, reaching 1.74 million tonnes, according to data from the Turkish Statistical Institute (TUIK).

In April 2023, the average scrap price was $441 per tonne, compared to $548 per tonne in April 2022 and $426 per tonne in March 2023.

The Netherlands was the largest supplier in April, with a volume of 304.8 thousand tonnes, up 12.5% year-on-year. The United States with a volume of 298.97 thousand tonnes, up by 13.5%, and Belgium with a volume of 192.3 thousand tonnes, up 1.2%. Denmark with a volume of 174.6 thousand tonnes, down by -8.8%, and the United Kingdom with a volume of 137.7 thousand tonnes, down 50% year on year.

From January to April 2023, Turkish scrap imports decreased by 23% compared to the same period in the previous year, reaching 6.68 million tonnes, as the United States was the largest exporting country during this period, with a volume of 1.26 million tonnes. The Netherlands came in second place, and Belgium ranked third.

At the same time, Turkish rebar exports decreased by more than half from January to April to reach 874.94 thousand tonnes.

In 2022, Turkish scrap imports declined by 16.5% compared to 2021, reaching 20.93 million tonnes. Türkiye steel production in 2022 ranked eighth in the world, with 35.1 million tonnes.

 

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