Turkish flat steel imports down 32.49% year on year in May

Turkey imported 581,338 tonnes of flat steel in May 2019, down by 32.49% from the corresponding month in 2018, when 861,166 tonnes arrived in the country, according to the Turkish Statistical Institute (TÜIK).

Sources who spoke with Fastmarkets noted that demand for flat steel in Turkey was weak in January and February, before the local elections were held on March 31. So, import volumes decreased in May because this when the orders placed in January and February mostly arrived. Turkey’s domestic market has been suffering since August 2018, when trade relations between...

Published

Serife Durmus

July 01, 2019

12:40 GMT

Bursa