According to the data provided by the Turkish Statistical Institute, in September this year Turkey's flat steel imports including hot rolled, cold rolled, coated and narrow strip steel fell by 4% compared to the previous month and were down 14.7% compared to September 2011 totaling 433,995 tonnes. The value of these imports amounted to USD 311.5 million decreasing by 3.1% as compared to August this year and down 26.6% YoY.
Meanwhile, in the first 9 months of the current year Turkey's flat steel imports amounted to 3.7 million tonnes decreasing 5.4% compared to the corresponding period of 2011.
In the first 9 months, Turkey's hot rolled flat steel imports from Ukraine amounted to 800,269 tonnes increasing by 8.8% YoY. Turkey's second biggest source of hot rolled flat steel imports in January to September this year was Russia with 677,289 tonnes down 33.3% compared to the same period of 2011.