In August this year, Turkey's steel imports increased by 55.5 percent year on year to 1.72 million mt, according to the data released by the Turkish Iron and Steel Producers' Association (TCUD).
In the given month, Turkey's billet imports totaled 558,000 mt, up 233.2 percent, while slab imports amounted to 254,000 mt, rising by 105.7 percent, both year on year. In August, flat steel imports totaled 711,000 mt, rising by 20.9 percent, while long steel imports amounted to 127,000 mt, down 5.8 percent, and pipe imports increased by 36.8 percent to 33,000 mt, all on year-on-year basis.
During the January-August period, Turkey's steel imports increased by 40.6 percent year on year to 12.45 million mt. In the given period, Turkey's billet imports moved up by 53.5 percent to 3.07 million mt, while its slab imports rose by 126.5 percent to 2.1 million mt, both year on year. Also, in the first eight months of this year, Turkey's flat steel imports increased by 28.3 percent to 5.6 million mt, its long steel imports moved up by 6.3 percent to 1.06 million mt, and steel pipe imports totaled 311,000 mt, up 9.8 percent, all on year-on-year basis.