9,420.42 TRY BIST 100 BIST 100
34.40 USD USD USD
36.34 EUR EUR EUR
4.79 CNY CNY CNY
0.13 CNY CNY/EUR CNY/EUR
42.75 TRY Interest Interest
71.81 USD Fossil Oil Fossil Oil
30.38 USD Silver Silver
4.10 USD Copper Copper
98.18 USD Iron Ore Iron Ore
375.00 USD Shipbreaking Scrap Shipbreaking Scrap
2,835.93 TRY Gold (gr) Gold (gr)

Türkiye Maintains Its Leading Position in Scrap Imports

In the first half of the year, Türkiye ranked first in global scrap imports with an impressive performance, importing 9 million 610 thousand tons. India ranked second with 5 million 250 thousand tons of imports, while the US ranked third with 2 million 500 thousand tons.

Türkiye Maintains Its Leading Position in Scrap Imports

According to research, Türkiye ranked first in global scrap imports in the first half of the year with an impressive performance, importing 9 million 610 thousand tons. India ranked second with 5 million 250 thousand tons of imports, while the US ranked third with 2 million 500 thousand tons.

In scrap imports, which continued in the same order in January and February, the difference between India and Türkiye increased in March. While Türkiye imported 1 million 359 thousand tons of scrap in January, India reached 1 million 281 thousand tons, approaching Türkiye's import volume. In February, Türkiye's scrap imports decreased by 10 percent to 1 million 228 thousand tons, while India's imports decreased by 14 percent to 1 million 107 thousand tons.

"Record Increase in March"

However, Türkiye's scrap imports jumped sharply in March, rising by a record 91 percent to 2,341,000 tons. India's imports, on the other hand, fell by 19 percent to 895,000 tons. India's scrap imports in June halved compared to May.

Other countries, which are among the world's most important scrap importers, were also ranked prominently

South Korea imported 2 million 120 thousand tons, Vietnam 1 million 820 thousand tons, Taiwan 1 million 750 thousand tons and Bangladesh 1 million 80 thousand tons.
Scrap imports are an indicator that can change in parallel with the development of the global economy and industries, and such data usually provide information about the industrial activities and economic growth of countries.

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

The potential impact of Trump's return to the presidency on the global steel market

Wednesday, November 6, 2024

EU steel industry sounds crisis alarm! EUROFER issues open letter

Thursday, October 17, 2024

Strike at U.S. East Coast ports affects the economy: Steel industry also at risk

Wednesday, October 2, 2024

US launches AD investigation against corrosion-resistant steel products imported from 10 countries, including Türkiye

Monday, September 9, 2024

Tata Steel Nederland orders pellet test installation from Primetals

Wednesday, August 28, 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