In April this year, Turkey's slab imports amounted to 21,695 mt, falling by 89.3 percent year on year and down 74.3 compared to March, according to the data provided by the Turkish Statistical Institute (TUIK). The total value of Turkey's slab imports in the given month was $5.8 million, down 92 percent compared to April 2015 and falling by 71.4 percent month on month.
During the first four months of the current year, Turkey's slab imports decreased by 20.8 percent to 570,221 mt, while the value of these imports decreased by 51.7 percent $141.5 million, both year on year.
In the given period, Turkey imported 265,549 metric tons of slab from Brazil. Brazil was Turkey's largest slab import source in the period in question, followed by Russia, which supplied 120,152 mt in the given period.
Turkey's slab import sources in the January-April period this year are as follows:
Country | Amount (mt) | |||||
January- April 2016 | January- April 2015 | Y-o-y change (%) | April 2016 | April 2015 | Y-o-y change (%) | |
Brazil | 265,549 | 142,579 | 86.25 | - | - | - |
Russia | 120,152 | 170,360 | -29.47 | - | - | - |
Ukraine | 102,961 | 116,545 | -11.66 | 21,695 | 50,120 | -56.71 |
Sweden | 50,615 | - | - | - | - | - |
Turkey's sources of imported slab in the January-April period this year can be seen in the graph below: