In September this year, Turkey's slab imports amounted to 102,894 mt, falling by 65 percent year on year and down 34.4 percent compared to August, according to the data provided by the Turkish Statistical Institute (TUIK). The total value of Turkey's slab imports in the given month was $39 million, down 59.5 percent compared to September 2015 and falling by 33.5 percent month on month.
During the first nine months of the current year, Turkey's slab imports decreased by 44.8 percent to 1.32 million mt, while the value of these imports declined by 52.6 percent to $406.9 million, both year on year.
In the given period, Turkey imported 601,127 metric tons of slab from Brazil. Brazil was Turkey's largest slab import source in the period in question, followed by Ukraine, which supplied 260,783 mt in the given period.
Turkey's slab import sources in the January-September period this year are as follows:
Country | Amount (mt) | |||||
Jan-Sept 2016 | Jan-Sept 2015 | Y-o-y change (%) | September 2016 | September 2015 | Y-o-y change (%) | |
Brazil | 601,127 | 462,874 | 29.87 | 68,789 | 81,276 | -15.36 |
Ukraine | 260,783 | 253,515 | 2.87 | 34,102 | 19,467 | 75.18 |
Russia | 231,069 | 653,454 | -64.64 | 40,497 | - | |
Iran | 112,006 | - | - | - | - | - |
Turkey's sources of imported slab in the January-September period this year can be seen in the graph below: