Turkish flat steel imports up 9.1% year on year in April

Turkey imported 768,033 tonnes of flat steel in April 2019, up by 9.1% from the corresponding month in 2018, when 703,977 tonnes arrived in the country, according to the Turkish Statistical Institute (TÜIK).

Sources who spoke with Fastmarkets cited the re-stocking that took place in Turkey in February for the increasing imports in April. In particular, hot-rolled coil stocks in that country were low at the beginning of February, and buyers placed several orders when prices started to increase. The orders placed in February arrived mostly in April. Turkey’s domestic market has been suffering since August 2018, when trade...

Published

Serife Durmus

June 03, 2019

06:00 GMT

Bursa