Turkey’s slab imports up 60 percent in Q1

Thursday, 17 May 2018 17:17:20 (GMT+3)   |   Istanbul
       

In March this year, Turkey's slab imports amounted to 476,605 mt, rising by 68.1 percent month on month and up 73.7 percent year on year, according to the data provided by the Turkish Statistical Institute (TUIK). The total value of Turkey's slab imports in the given month was $246.4 million, rising by 122.1 percent year on year and up 72 percent month on month. 

In the first quarter of the current year, Turkey's slab imports amounted to 1.08 million mt, up 60 percent, while the value of these imports increased by 107.6 percent to $546.3 million, both year on year.

In the given period, Turkey imported 565,408 metric tons of slab from Russia. Russia was Turkey's largest slab import source in the period in question, followed by Ukraine, which supplied 179,914 mt.
 
Turkey's slab import sources in the January-March period are as follows:

Country

Amount (mt)

 

 

 

 

 

 

Jan-Mar

2018

Jan-Mar

2017

Y-o-y change (%)

March 2018

March 2017

Y-o-y change (%)

Russia

565,408

301,629

87.45

205,732

101,079

103.54

Ukraine

179,914

293,496

-38.70

179,914

156,934

14.64

UK

151,872

56,185

170.31

43,615

10,953

298.20

Serbia

68,911

19,555

252.40

-

-

-

 

Turkey's sources of imported slab in the January-March period can be seen in the graph below:


Similar articles

Trade revives somewhat for Asian slabs, ex-Russia allocation still limited

17 Apr | Flats and Slab

Prices decline slightly for Brazilian slab exports

16 Apr | Flats and Slab

Prices stable for Brazilian slab exports

10 Apr | Flats and Slab

Iran’s steel exports up 6.6 percent in last Iranian year

08 Apr | Steel News

US slab imports up 3.8 percent in February

01 Apr | Steel News

Prices decline for Brazilian slab export deals

01 Apr | Flats and Slab

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