In June this year, Turkey's slab imports amounted to 247,222 mt, falling by 31.55 percent year on year and up 204.4 compared to May, according to the data provided by the Turkish Statistical Institute (TUIK). The total value of Turkey's slab imports in the given month was $87.15 million, down 29 percent compared to June 2015 and rising by 296 percent month on month.
During the first six months of the current year, Turkey's slab imports decreased by 37.6 percent to 898,663 mt, while the value of these imports decreased by 53.4 percent to $250.77 million, both year on year.
In the given period, Turkey imported 429,177 metric tons of slab from Brazil. Brazil was Turkey's largest slab import source in the period in question, followed by Ukraine, which supplied 151,648 mt in the given period.
Turkey's slab import sources in the January-June period this year are as follows:
Country | Amount (mt) | |||||
Jan-Jun 2016 | Jan-Jun 2015 | Y-o-y change (%) | June 2016 | June 2015 | Y-o-y change (%) | |
Brazil | 429,177 | 258,245 | 66.19 | 107,626 | 74,685 | 44.11 |
Ukraine | 151,648 | 178,753 | -15.16 | 23,468 | 36,122 | -35.03 |
Russia | 150,532 | 440,152 | -65.80 | 30,380 | 109,618 | -72.29 |
Iran | 71,396 | - | - | 40,777 | - | - |
Turkey's sources of imported slab in the January-June period this year can be seen in the graph below:
