Turkish flat steel imports down 11% year on year in June

Turkey imported 515,677 tonnes of flat steel in June 2019, down by 11.29% from the corresponding month in 2018, when 581,315 tonnes arrived in the country, the Turkish Statistical Institute (TUIK) said on Wednesday July 31.

The country’s total flat steel imports in January-June 2019 came to 3.55 million tonnes, 11.67% less than the 4.02 million tonnes imported in the first half of 2018, due to the country’s weak domestic market.

Turkey’s domestic market has been suffering since August 2018, when trade relations between it and the United States soured after the US doubled the trade tariff against the...

Published

Serife Durmus

July 31, 2019

18:32 GMT

Bursa