9,044.89 TRY BIST 100 BIST 100
4.89 CNY CNY CNY
34.27 USD USD USD
37.66 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
44.10 TRY Interest Interest
77.74 USD Fossil Oil Fossil Oil
30.73 USD Silver Silver
4.49 USD Copper Copper
104.99 USD Iron Ore Iron Ore
367.00 USD Shipbreaking Scrap Shipbreaking Scrap
2,887.95 TRY Gold (gr) Gold (gr)

India is close to Turkey's scrap imports!

According to the data released, Turkey's scrap imports decreased by 23% in the first 6 months of the year compared to the same period of the previous year. India increased its scrap imports to the highest levels in the first 6 months of the year. In the January-June period; scrap imports from the United Kingdom, the United Arab Emirates and Canada drew all the attention. Also...

India is close to Turkey's scrap imports!

According to the data released, Turkey's scrap imports decreased by 23% in the first 6 months of the year compared to the same period of the previous year.

India increased its scrap imports to the highest levels in the first 6 months of the year. In the January-June period, scrap imports from the United Kingdom, the United Arab Emirates and Canada drew all the attention. In addition, scrap imports from the USA are also quite high.

While Turkey has been at the highest level in scrap imports from past to present, India approached Turkey's scrap imports in the January-June period of this year.

In the first 6 months of the year, India's scrap imports were 5 million 250 thousand tons, while Turkey's scrap imports were 9 million 610 thousand tons. Although India's scrap imports increased by 158% in the 6-month period of 2023, it could not exceed Turkey's scrap imports.

In the January - June period, Turkey's scrap imports from Europe were 5 million 449 thousand tons, while India's scrap imports from Europe were 560 thousand tons.

Thus, Turkey's scrap imports from Europe exceeded India's scrap imports for 6 months.

Turkey's scrap imports from the US are 1 million 990 thousand tons, while India's scrap imports from the US are 1 million 160 thousand tons. India's scrap imports from the United States approached Turkey's scrap imports from the United States by 830 thousand tons.


India's scrap imports from the UK, UAE and Canada exceeded Turkey's scrap imports from these countries.

While Turkey's scrap imports from the United Kingdom were 733 thousand tons, India's scrap imports from the United Kingdom were 830 thousand tons.

The UAE's scrap exports from Turkey reached 355 thousand tons, while scrap exports from India reached 370 thousand tons.

Canada's scrap exports from Turkey reached 187 thousand tons, while its scrap exports from India reached 190 thousand tons.

In the first 6 months of the year, Turkey imported no scrap from South Africa, Yemen, Brazil, Kuwait and Malaysia, while India's scrap imports from these countries ranged between 150 and 180 thousand tons.

The top 15 countries that Turkey and India imported scrap from in the first half of the year are as follows:

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Meranti Green Steel plans to establish Southeast Asia's first green flat steel plant

Wednesday, October 9, 2024

Electricity prices in Europe dropped in september

Wednesday, October 9, 2024

Tosyalı signs 510 thousand dollars order contract with Gersan Elektrik

Wednesday, October 9, 2024

HRC prices increase in Spain, rebar prices decrease in Italy

Wednesday, October 9, 2024

Canada begins expiry review of anti-dumping order on steel plates

Wednesday, October 9, 2024
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now