As stated by the Turkish Iron and Steel Producers' Association (TCUD), Turkey’s steel imports from China continued to rise rapidly in November last year in parallel to the increase in supply of dumped products.
According to the new TCUD data, in the January-November period last year Turkey's steel imports from China surged by a massive 263.8 percent to 2.73 million mt, with a value of $1.92 billion, up 68.8 percent, both compared to the same period of 2014.
As indicated by the TCUD, in the first eleven months of last year Turkey's overall billet imports from China amounted to 1.33 million mt, compared to zero billet imports from China in the same period of 2014. As regards Turkey's other steel imports from China in the January-November period last year, Turkey's flat steel imports reached 766,000 mt, up 215.3 percent, long steel imports amounted to 214,000 mt, rising by 31.8 percent, and steel pipe imports increased by 58 percent to 289,000 mt, all year on year.
In November alone, Turkey's steel imports from China reached 401,000 million mt, up 367 percent year on year. In the month in question, Turkey's billet imports from China reached 278,000 mt, compared to zero imports in the same month of 2014, flat steel imports increased by 62 percent to 45,000 mt, long steel imports totaled 32,000 mt, up 33.4 percent, and pipe imports reached 36,000 mt, rising by 87.1 percent, all year on year.