Turkey’s slab imports down 45.4 percent in 2016

Monday, 13 February 2017 12:15:32 (GMT+3)   |   Istanbul
       

In December last year, Turkey's slab imports amounted to 120,395 mt, remaining almost unchanged year on year and up 27 percent compared to November , according to the data provided by the Turkish Statistical Institute (TUIK). The total value of Turkey's slab imports in the given month was $41.5 million, up 31 percent compared to December 2015 and rising by 22.8 percent month on month.

Last year, Turkey's slab imports decreased by 45.4 percent to 1.6 million mt, while the value of these imports declined by 50.6 percent to $500 million, both year on year.
 
In 2016, Turkey imported 632,304 metric tons of slab from Brazil. Brazil was Turkey's largest slab import source in the period in question, followed by Ukraine, which supplied 320,077 mt in the given period.
 
Turkey's slab import sources last year are as follows:

 

Country

Amount (mt)

     
 

Jan-Dec 2016

Jan-Dec 2015

Y-o-y change (%)

December 2016

December 2015

Y-o-y change (%)

Brazil

632,304

670,456

-5.69

31,114

35,142

-11.46

Ukraine

320,077

693,981

-53.88

48,835

40,527

20.50

Russia

312,255

369,449

-15.48

20,151

44,383

-54.60

Iran

154,762

-

-

-

-

-

Turkey's sources of imported slab last year can be seen in the graph below:


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