13,115.13 TRY BIST 100 BIST 100
44.21 USD USD USD
6.47 CNY CNY CNY
51.01 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
40.38 TRY Interest Interest
112.26 USD Fossil Oil Fossil Oil
5.46 USD Copper Copper
106.15 USD Silver Silver
109.20 USD Iron Ore Iron Ore
369.00 USD Shipbreaking Scrap Shipbreaking Scrap
6,886.71 TRY Gold (gr) Gold (gr)
108.00 USD Iron Ore 61% Fe Iron Ore 61% Fe

Turkiye's scrap imports decreased

Turkish steel companies’ scrap imports decreased by 22.3% in September 2023 compared to the same month of 2022, reaching 1.07 million tons.

Turkiye's scrap imports decreased

More than 99% of September imports (1,064 million tons) consisted of old scrap grades. The average price of this raw material was $371.5/t, down from $386/t in September 2022 and $392/t in August 2023.

In September, the largest supplier was the United States, supplying 300,000 tonnes, down 15.4% from the previous year. The Netherlands shipped 117.4 thousand tons of scrap to Turkiye, compared to 90.6 thousand tons in September 2022. Great Britain contributed 93.92 thousand tons, an increase of 77.4% year on year, while Germany tripled annual increase with  more than 84.4 thousand tons. Denmark supplied 74.6 thousand tonnes, down 35.2% compared to the previous year.

In the January-September 2023 period, Turkiye's scrap imports decreased by 16.4% compared to the same period of the previous year, reaching 14.1 million tons. During this period, the main source of raw materials was the USA, contributing 3.25 million tons. The Netherlands ranked second and Belgium ranked third.

This decline in scrap imports was associated with low capacity utilization of local steel plants in the second half of 2022.

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

Tata Steel partners with USTB for low-carbon steel production

Thursday, March 19, 2026

UK Steel welcomes the United Kingdom Steel Strategy

Thursday, March 19, 2026

UK moves to tighten steel imports with higher tariffs and lower quotas

Thursday, March 19, 2026

BelRemaitha Steel Factory completed its first export shipment

Thursday, March 19, 2026

OMK pipe shipments drop 38% in January–February 2026

Thursday, March 19, 2026
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