In December last year, Turkey’s scrap imports rose by 6.6% month on month and by 30.6% year on year to 1,642,755 mt, according to the data provided by the Turkish Statistical Institute (TUIK).
Meanwhile, the value of these imports increased by 6.3% compared to the previous month and by 38.7% year on year to $640.41 million.
In 2023, Turkey’s scrap imports moved down by 11.3% to 18.47 million mt, while the revenue from these imports amounted to $7.60 billion, down 21.8%, both year on year.
In the given year, Turkey’s scrap imports from the US amounted to 4,356,082 mt, up 10.4% year on year, while the US was followed by the Netherlands with 2,106,044 mt, down 1.7%, and by Belgium with 1,508,669 mt, up 1.9%, both on year-on-year basis