Turkey’s flat steel imports down 9.5 percent in May

Friday, 12 July 2013 15:47:44 (GMT+3)   |   Istanbul

According to the data provided by the Turkish Statistical Institute (TUIK), in May this year Turkey's flat steel imports, including hot rolled, cold rolled, coated and narrow strip steel, fell by 20.5 percent compared to the previous month and were down 9.5 percent compared to May 2012, totaling 457,270 metric tons. The value of these imports amounted to $317 million, decreasing by 19.2 percent from April and down 16.1 percent year on year.
 
In the first five months of the year, Turkey's flat steel imports amounted to 2.56 million metric tons, increasing 29.1 percent year on year.
 
Turkey's top 10 hot rolled flat steel sources in the first five months this year are as follows:

 

Country

Volume (mt)

Jan-May 2013

Jan-May 2012

Russia

599,603

292,415

Ukraine

464,563

471,439

France

371,241

105,628

Romania

213,961

308,879

Slovakia

159,021

37,236

Belgium

129,129

125,523

Japan

118,233

36,545

The Netherlands

92,782

96,484

Germany

70,581

60,636

Italy

69,659

168,750

Turkey's flat steel imports in May as regards products:

 

Product

Import volume (mt)

May 2013

April 2013

May 2012

Hot rolled flat steel

306,977

367,708

342,653

Cold rolled flat steel

51,049

84,290

57,354

Coated

74,090

78,786

64,908

Strip

25,153

44,587

40,495

Total

457,269

575,371

505,410


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