In August this year, Turkey's slab imports amounted to 156,788 mt, falling by 38.2 percent year on year and down 6.3 compared to July, according to the data provided by the Turkish Statistical Institute (TUIK). The total value of Turkey's slab imports in the given month was $58.7 million, down 30.2 percent compared to August 2015 and rising by 0.5 percent month on month.
During the first eight months of the current year, Turkey's slab imports decreased by 41.8 percent to 1.22 million mt, while the value of these imports decreased by 51.7 percent to $367.9 million, both year on year.
In the given period, Turkey imported 532,338 metric tons of slab from Brazil. Brazil was Turkey's largest slab import source in the period in question, followed by Russia, which supplied 231,069 mt in the given period.
Turkey's slab import sources in the January-August period this year are as follows:
Country | Amount (mt) | |||||
Jan-Aug 2016 | Jan-Aug 2015 | Y-o-y change (%) | August 2016 | August 2015 | Y-o-y change (%) | |
Brazil | 532,338 | 381,598 | 39.50 | 32,815 | 41,272 | -20.49 |
Russia | 231,069 | 612,957 | -62.30 | 40,267 | 92,144 | -56.30 |
Ukraine | 226,681 | 234,048 | -3.15 | 40,204 | 16,531 | 143.20 |
Iran | 112,006 | - | - | 40,610 | - | - |
Turkey's sources of imported slab in the January-August period this year can be seen in the graph below:
