Turkey opens a new model for container scrap imports to reshape the global scrap trade pattern

As the world's largest buyer of seaborne scrap, Turkey recently officially launched a new trade model for importing containerized scrap from the UK.

As the world's largest buyer of seaborne scrap, Turkey recently officially launched a new trade model for importing containerized scrap from the UK. This breakthrough initiative is led by Switzerland-based Stelaris Resources, which has completed the first delivery of HMS 1/2 grade container scrap steel from the UK to the port of Iskenderun. The first batch of goods is supplied by local British suppliers Mellor Metals and Glazewing.

For a long time, Turkey relies on imports for about 75% of its scrap demand, of which about 80% are purchased from Europe, the United Kingdom, Scandinavia and the United States through bulk carriers. The containerized scrap trade has always been an exclusive track for Asian destinations such as India, Pakistan and Bangladesh. The core driver of Turkey's entry is weak demand in the Asian market, and the economic advantages of container logistics continue to be highlighted, prompting Stelaris Resources to shift some of their supplies to the Turkish market.

For Turkish steel mills, the container procurement model has brought about a strategic change: it can not only accurately replenish scrap steel of specific quality and specifications, cover sources that were previously uneconomical for bulk cargo transportation, but more importantly, it can complete distribution directly to inland steel mills that lack deep-water port conditions. In the context of intensified competition in the local market and the continuous tightening of scrap supply, this model has achieved substantial diversification of supply channels for Turkish steel mills.

Turkey's entry into the container scrap trade will profoundly rewrite the global scrap trade pattern: suppliers who previously only delivered container scrap to the Indian subcontinent can now connect with the world's largest scrap buyer. This opportunity is of great strategic significance-affected by regional conflicts, South Asia has lost about 2 million tons/year of scrap steel supply in the Middle East Gulf region, and the already tight global supply is further under pressure.

According to the data, the total import volume of scrap steel in Turkey decreased by 7% year-on-year to 18.67 million tons in 2025, which also makes the flexible and precise procurement strategy in container mode more opportunistic valuable. Industry observers generally predict that as the logistics network matures, Turkey's container scrap imports will grow steadily, and this trade model is expected to be replicated in other markets and routes.

In addition, due to the high cost of bulk scrap steel and shortage of goods, Turkey's imports of direct reduced iron rose sharply last year: in January 2026 alone, the arrival of hot pressed iron blocks (HBI) nearly tripled year-on-year, reaching 313000 tons; The import volume of pig iron will also increase to 2.3 million tons in 2025, a significant increase from 1.5 million tons in 2024.

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