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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:


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