In January this year, Turkey’s steel imports decreased by 3.3 percent to 1.39 million mt, while the value of these imports moved up by 28.5 percent to $1.15 billion, both year on year, as announced by the Turkish Steel Producers' Association (TCUD).
In the month of January, Turkey’s semi-finished steel imports decreased by 11.3 percent to 490,500 mt, while Turkey’s flat steel imports rose by seven percent to 719,300 mt, both compared to the same month of 2017. In January, total long steel product imports were down by 18.4 percent to 107,000 mt, year on year.
In January, Turkey's steel export volume was equivalent to 112 percent of its steel import volume, compared to 106 percent in the same month of 2017.