Turkey’s slab imports down 42.6 percent in January-July

Friday, 16 September 2016 14:00:53 (GMT+3)   |   Istanbul
       

In July this year, Turkey's slab imports amounted to 167,266 mt, falling by 58.66 percent year on year and down 32.3 compared to June, according to the data provided by the Turkish Statistical Institute (TUIK). The total value of Turkey's slab imports in the given month was $58.4 million, down 33 percent compared to July 2015 and falling by 58.24 percent month on month.

During the first seven months of the current year, Turkey's slab imports decreased by 42.6 percent to 1.06 million mt, while the value of these imports decreased by 54.4 percent to $309.16 million, both year on year.
 
In the given period, Turkey imported 466,523 metric tons of slab from Brazil. Brazil was Turkey's largest slab import source in the period in question, followed by Russia, which supplied 190,802 mt in the given period.
 
Turkey's slab import sources in the January-July period this year are as follows:

 

Country

Amount (mt)

     
 

Jan-Jul 2016

Jan-Jul 2015

Y-o-y change (%)

July 2016

July 2015

Y-o-y change (%)

Brazil

466,523

340,326

37.08

70,346

82,082

-14.30

Russia

190,802

520,813

-63.36

40,269

80,662

-50.08

Ukraine

186,476

217,517

-14.27

34,828

38,764

-10.15

Iran

71,396

-

-

-

-

-

Turkey's sources of imported slab in the January-July period this year can be seen in the graph below:


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