Turkey Reduces Scrap Imports by 6.1% Year-on-Year in January–July 2025

Turkish Scrap Imports Decline as Market Recalibrates

Turkey reduced its ferrous scrap imports by 6.1% year-on-year during the January–July 2025 period, totaling 10.88 million tons, according to the Turkish Statistical Institute (TUIK) via Kallanish. This downturn marks a shift from 2024, when the nation saw a 6.7% rise in scrap imports. However, Turkey’s steel sector remains active, ranking eighth globally in production and expanding output by 9.4% in 2024.

In July 2025, imports dipped 7.9% year-on-year, but rose 21.8% from June, reaching 1.48 million tons. The average scrap price fell to $367/t, down from $411/t in July 2024 and $376/t in June 2025. This price drop aligns with weakening global scrap demand and shifting supplier dynamics.

Despite the annual decline, several countries increased their export volumes to Turkey. The UK led with 333,640 tons, up 33% y/y, followed by the Netherlands with 243,060 tons (+79.3%) and Russia with 99,990 tons (+27.5%). In contrast, US shipments dropped 19% to 279,410 tons, reflecting possible shifts in trade flows or domestic demand pressures.

Focus Keyphrase: Turkey Reduces Scrap Imports

Turkey’s ferrous scrap import pattern reflects broader global commodity trends and regional steelmaking dynamics. The focus keyphrase ‘Turkey reduces scrap imports’ signals a strategic recalibration in sourcing. Notably, while imports fell overall, intra-year fluctuations suggest market responsiveness rather than structural contraction.

In December 2024, Turkey had actually imported 1.85 million tons, showing a 25.5% rise from November. The sharp monthly contrasts indicate ongoing volatility driven by price sensitivity, geopolitical factors, and logistical shifts. The US, UK, and Netherlands remained leading suppliers, though the UK’s volume more than tripled year-on-year in December.

This volatility has implications for scrap pricing, trade routes, and Turkey’s sourcing strategy. With average prices declining, Turkish steelmakers appear to be timing purchases strategically, possibly anticipating further downward pressure. Meanwhile, alternative suppliers like Lithuania and Belgium increased their footprint, further diversifying Turkey’s sourcing mix.

SuperMetalPrice Commentary:

Turkey’s scrap import reduction highlights a strategic pivot in raw material management amid a volatile pricing environment. The sharp contrast between monthly figures suggests that Turkish mills are prioritizing flexible sourcing to hedge against price swings. While the US remains a top supplier, the rising share from European and Baltic markets could signal emerging trade realignments. As global steel demand slows, scrap prices may face continued downward pressure, allowing opportunistic buyers like Turkey to optimize costs. Watch for seasonal import spikes and supplier shifts as Turkish steelmakers adjust to global market forces.