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: