Turkish PPGI imports up 110 percent in January-March

Tuesday, 24 May 2016 14:03:54 (GMT+3)   |   Istanbul
       

In March, Turkey's pre-painted galvanized iron (PPGI) imports amounted to 9,381 mt, rising by 2.6 percent compared to the previous month and up 63 percent year on year, while the revenue from these imports totaled $6.6 million, up 20 percent year on year and rising by five percent month on month, according to the data provided by the Turkish Statistical Institute (TUIK).
 
In the first three months of the current year, Turkey's PPGI imports increased by 110 percent to 26,152 mt, while the revenue from these imports amounted to $17.7 million, up 50.6 percent, both year on year.
 
In the given period, China ranked first among Turkey's PPGI import sources, supplying 15,789 metric tons, up 158.9 percent year on year. China was followed by Italy and Belgium, with their PPGI exports to Turkey amounting to 5,342 metric tons and 1,724 metric tons respectively.
 
Turkey's top PPGI import sources in the January-March period:
 

Country

Amount (mt)

 

 

 

 

 

 

January- March 2016

January- March 2015

Y-o-y change (%)

March 2016

March 2015

Y-o-y change (%)

China

15,789

6,098

158.92

5,225

3,886

34.46

Italy

5,342

1,446

269.43

2,678

760

252.37

Belgium

1,724

1,387

24.30

829

190

336.32

India

1,596

-

-

-

-

-

Germany

936

662

41.39

444

271

63.84

 

Similar articles

Flat steel prices in local Taiwanese market - week 13, 2024

28 Mar | Flats and Slab

Romania’s sole flats mill cuts HRC prices, raises HDG and PPGI prices

22 Mar | Flats and Slab

Flat steel prices in local Taiwanese market - week 12, 2024

21 Mar | Flats and Slab

Turkey’s coated steel export prices weaken

20 Mar | Flats and Slab

MMK reports record coated rolled product shipments to local market in 2023

19 Mar | Steel News

US HRC prices still ticking downward, prices expected to bottom this month

15 Mar | Flats and Slab

Flat steel prices in local Taiwanese market - week 11, 2024

14 Mar | Flats and Slab

CRC and coated steel prices in Turkey down slightly, discounts applicable

13 Mar | Flats and Slab

Tata Steel chooses Danieli for pickling and galvanizing line investment

12 Mar | Steel News

Baosteel keeps local HRC prices stable for April

12 Mar | Flats and Slab