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Turkey’s scrap imports down 47.9% in January-October 2023

In October this year, Turkey’s scrap imports rose by 40.7% month on month and by 3.2% year on year to 1,491,804 mt, according to the data provided by the Turkish Statistical Institute (TUIK).

Meanwhile, the value of these imports increased by 43.1% compared to the previous month and by 0.9% year on year to $568.20 million.

In the January-October period of this year, Turkey’s scrap imports moved down by 47.9% to 15.51 million mt, while the revenue from these imports amounted to $6.36 billion, down 27.4%, both year on year.

In the given period, Turkey’s scrap imports from the US amounted to 3,630,610 mt, up 3.2% year on year, while the Netherlands with 1,766,511 mt, up 1.9%, and by Belgium with 1,388,892 mt, up 1.8%, both on year-on-year basis.

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