In May this year, Turkey's slab imports amounted to 81,219 mt, falling by 77.4 percent year on year and up 274.4 compared to April, according to the data provided by the Turkish Statistical Institute (TUIK). The total value of Turkey's slab imports in the given month was $22 million, down 82 percent compared to May 2015 and rising by 280 percent month on month.
During the first five months of the current year, Turkey's slab imports decreased by 40 percent to 651,440 mt, while the value of these imports decreased by 60.6 percent $163.6 million, both year on year.
In the given period, Turkey imported 321,550 metric tons of slab from Brazil. Brazil was Turkey's largest slab import source in the period in question, followed by Ukraine, which supplied 128,179 mt in the given period.
Turkey's slab import sources in the January-May period this year are as follows:
Country | Amount (mt) | |||||
January-May 2016 | January-May 2015 | Y-o-y change (%) | May 2016 | May 2015 | Y-o-y change (%) | |
Brazil | 321,550 | 183,560 | 75.17 | 56,000 | 40,981 | 36.65 |
Ukraine | 128,179 | 142,630 | -10.13 | 25,218 | 26,085 | -3.32 |
Russia | 120,152 | 330,533 | -63.65 | - | 160,173 | - |
Sweden | 50,615 | - | - | - | - | - |
Turkey's sources of imported slab in the January-May period this year can be seen in the graph below:
