In March this year, Turkey's slab imports amounted to 84,339 mt, falling by 52.6 percent year on year and down 74 compared to February, according to the data provided by the Turkish Statistical Institute (TUIK). The total value of Turkey's slab imports in the given month was $20.3 million, down 71.8 percent compared to March 2015 and falling by 75 percent month on month.
During the first three months of the current year, Turkey's slab imports increased by six percent to 548,526 mt, while the value of these imports decreased by 38 percent $135.7 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-March period this year are as follows:
Country | Amount (mt) | |||||
January- March 2016 | January- March 2015 | Y-o-y change (%) | March 2016 | March 2015 | Y-o-y change (%) | |
Brazil | 265,549 | 142,579 | 86.25 | 54,404 | 40,331 | 34.89 |
Russia | 120,152 | 170,360 | -29.47 | - | 120,916 | - |
Ukraine | 81,266 | 66,425 | 22.34 | 29,932 | 16,389 | 82.63 |
Sweden | 50,615 | - | - | - | - | - |
Turkey's sources of imported slab in the January-March period this year can be seen in the graph below: