Trade Resources Industry Views Flat Steel Imports of Turkey rises by 46.1% in February

Flat Steel Imports of Turkey rises by 46.1% in February

According to the data provided by the Turkish Statistical Institute (TUIK), in February this year Turkey's flat steel imports, including hot rolled, cold rolled, coated and narrow strip steel, fell by 6.1 percent compared to the previous month and were up 46.1 percent compared to February 2012, totaling 464,667 metric tons. The value of these imports amounted to $308 million, decreasing by 5.3 percent from January and up 27.5 percent year on year.

In the first two months of the year, Turkey's flat steel imports amounted to 959,723 metric tons, decreasing 21.8 percent year on year.

In the first two months this year, Turkey's hot rolled flat steel imports from Russia amounted to 209,224 metric tons, more than double year on year. Turkey's second biggest source of hot rolled flat steel imports in the January-February period this year was France with 156,742 metric tons, also more than double compared to January-February 2012. Ukraine's flat steel exports to Turkey in January-February amounted to 150,632 mt, up 9.7 percent compared to January-February last year.

 

Product

Import volume (mt)

February 2013

January 2013

February 2012

Hot rolled flat steel

334,494

353,111

202,221

Cold rolled flat steel

41,838

54,858

49,333

Coated

62,471

58,354

46,585

Strip

25,864

28,741

20,009

Total

464,667

495,064

318,149

Turkey's rolled coil imports over the past 13 months are indicated in the following charts:

Turkey's Flat Steel Imports up 46.1 Percent in February

Turkey's Flat Steel Imports up 46.1 Percent in February_1

 

Source: http://www.steelorbis.com/steel-news/latest-news/turkeys-flat-steel-imports-up-461-percent-in-february-752007.htm
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Turkey's Flat Steel Imports up 46.1 Percent in February
Topics: Metallurgy