Turkey’s slab imports fall further month on month in Feb

Tuesday, 16 April 2013 15:32:32 (GMT+3)   |   Istanbul
       

According to the customs statistics provided by the Turkish Statistical Institute (TUIK), Turkey's slab imports amounted to 164,269 metric tons in February this year, falling 7.8 percent compared to the previous month, the second consecutive month of month-on-month decrease, after four months of increase and having reached an all-time monthly high in December 2012. However, Turkey's slab imports in February this year indicated a very strong increase compared to the 49,183 mt recorded in the same month of 2012.

In the first two months of the year, Turkey's slab imports increased to 342,517 mt, compared to the 74,194 mt recorded in the corresponding period of 2012. Turkey's biggest slab import source in the first two months of the year was Russia with 183,982 mt, with the import volume from Russia rising gradually since September last year on month-on-month basis, while the UK followed Russia, exporting 90,597 mt of slab to Turkey in January-February. The UK, Turkey's top slab import source in 2012, supplied 90,597 mt in the two months in question, with no record of UK slab exports to Turkey in the corresponding period of 2012.

Turkey's slab import distribution with respect to source countries in January-February is as follows:


Similar articles

Ex-Asia slab prices differ depending on destination, more declines expected

28 Mar | Flats and Slab

Prices stable for Brazilian slab export deals

26 Mar | Flats and Slab

Slab prices keep softening, though Asian flat steel market improves

22 Mar | Flats and Slab

Iran’s steel exports up 7.6 percent in first 11 months of Iranian year

20 Mar | Steel News

Prices decline for Brazilian slab export deals

18 Mar | Flats and Slab

Activity in global slab market starts to revive after decline in ex-Asia prices

13 Mar | Flats and Slab

ASEAN mills keep billet export offers stable amid latest sales including slabs, China still bearish

12 Mar | Longs and Billet

Prices unchanged for Brazilian slab export deals

11 Mar | Flats and Slab

Prices stable for Brazilian slab export deals

04 Mar | Flats and Slab

Slab prices down globally in Feb, but insufficient for buyers with further drops awaited

01 Mar | Flats and Slab