In September this year, Turkey’s steel imports decreased by 12 percent to 1.1 million mt, while the value of these imports moved down by 19 percent to $908 million, both year on year, as announced by the Turkish Steel Producers' Association (TCUD).
In the month of September, Turkey’s semi-finished steel imports decreased by 25.7 percent to 299,000 mt, while its flat steel imports decreased by 3.5 percent to 666,000 mt, both compared to the same month of the previous year. In September, total long steel product imports were down by 14 percent to 75,000 mt, year on year.
In September, Turkey's steel export volume was equivalent to 147 percent of its steel import volume, compared to 142 percent in the same month of 2018.
In the first nine months of this year, the country’s steel imports decreased by 23.6 percent to 9.1 million mt and the value of these imports went down by 26.8 percent to $7.6 billion, both on year-on-year basis.
In the January-September period of this year, Turkey’s semi-finished imports declined by 40 percent to 2.4 million mt, while its flat steel imports decreased by 12.1 percent to 5.4 million mt, both year on year. In the same period, Turkey’s long steel imports totaled 807.000 mt, falling by 24.3 percent year on year.
In the given period, Turkey's steel export volume was equivalent to 161 percent of its steel import volume, as compared to 121 percent in the same period of 2018.