In October this year, Turkey's slab imports amounted to 50,323 mt, falling by 79.1 percent year on year and down 51 percent compared to September, according to the data provided by the Turkish Statistical Institute (TUIK). The total value of Turkey's slab imports in the given month was $17.1 million, down 75.8 percent compared to October 2015 and falling by 56 percent month on month.
During the first ten months of the current year, Turkey's slab imports decreased by 48 percent to 1.37 million mt, while the value of these imports declined by 54.4 percent to $424.1 million, both year on year.
In the given period, Turkey imported 601,190 metric tons of slab from Brazil. Brazil was Turkey's largest slab import source in the period in question, followed by Ukraine, which supplied 280,773 mt in the given period.
Turkey's slab import sources in the January-October period this year are as follows:
Country | Amount (mt) | |||||
Jan-Oct 2016 | Jan-Oct 2015 | Y-o-y change (%) | October 2016 | October 2015 | Y-o-y change (%) | |
Brazil | 601,190 | 594,808 | 1.07 | - | 131,934 | - |
Ukraine | 280,773 | 280,408 | 0.13 | 19,990 | 26,893 | -25.67 |
Russia | 231,069 | 653,454 | -64.64 | - | - | - |
Iran | 112,006 | - | - | - | - | - |
Turkey's sources of imported slab in the January-October period this year can be seen in the graph below:
