Turkey's stainless flat steel imports up 13.2 percent in H1

In June this year, Turkey's stainless flat steel imports rose by 0.88 percent year on year, but decreased by 14.33 percent compared to May to 42,453 metric tons, following the 4.55 percent month-on-month decrease recorded in May, according to the data provided by the Turkish Statistical Institute (TUIK). The value of these imports in June was $94.36 million, decreasing by 2.45 percent year on year and by 12.83 percent compared to May.

Meanwhile, in the first half of the current year, Turkey's stainless flat steel imports amounted to 255,964 metric tons, increasing by 13.18 percent, with a value of $558.35 million, up 1.65 percent, both year on year.

In the first half of this year, Turkey's stainless flat steel imports from Taiwan, which ranked as Turkey's top import source for the products in question in 2013, decreased by 41.91 percent year on year to 29,349 mt. In the given period, South Korea was Turkey's leading import source for stainless flat steel, supplying 69,480 metric tons, up 87.8 percent year on year. China followed South Korea, with its stainless flat steel exports to Turkey in the given period increasing by 129.91 percent year on year to 46,338 metric tons. Meanwhile, in the given period Turkey's stainless flat steel imports from Italy increased by 129.22 percent year on year to 36,645 metric tons. In June alone, Turkey's biggest stainless flat steel source was South Korea, which supplied 12,280 mt.

Turkey's top 10 stainless flat steel import sources in the first half of the current year are as follows:

Turkey's main stainless flat steel sources on country basis in the first half of this year are presented below: