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Turkey's scrap imports decreased by 16.38% in 9 months

Turkey's scrap imports by region decreased by 16.38% in 9 months.

Turkey's scrap imports decreased by 16.38% in 9 months

According to the information compiled by SteelRadar from the Turkish Steel Producers Association (TÇÜD) data, Turkey's scrap imports by region in the January-September 2023 period decreased by 16.38% compared to the same period last year, decreasing from 16,877,743 tons to 14,108,360 tons.

While 8,602,859 tons were imported from the European Union, which ranks first among Turkey's scrap imports, in the January-September period of last year, this figure decreased by 10.32% to 7,715,790 tons in the same period this year.

While the USA ranks second in Turkey's scrap imports, the import amount, which was 3,247,657 tons in the first 9 months of last year, decreased to 3,247,002 tons with a decrease of 0.02% in the same period of this year.

England is in third place with an import volume of 1,581,305 tons in the January-September period of last year. Imports from the UK decreased by 29.58% compared to last year, falling to 1,113,275 tons.

Import figures of the Middle East and Gulf regions, which are among the regions where Turkey imports the most scrap, also decreased compared to last year. The import figure, which was 534,203 tons in the January-September period of 2022, decreased by 22.78% to 412,517 tons in the same period this year.

While 861,312 tons of scrap were imported from the Commonwealth of Independent States (CIS) last year, this figure decreased by 62.71% to 320,922 tons in the same period this year.

60.97% decrease in Far East and South Asia

The amount of imports from the Far East and South Asia, where 2,234 tons of scrap were scraped in the first 9 months of 2022, decreased by 60.97% to 873 tons in the same period of this year.

While 729,133 tons of scrap were imported from other regions in the first 9 months of last year, this figure decreased by 51.19% to 355,987 tons in the same period of this year.

While these data show regional changes in Turkey's scrap imports, they reveal how the balances in the sector have changed under the influence of global economic factors.

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