Turkish flat steel imports up 25.3% y-o-y in August

Turkey imported 645,115 tonnes of flat steel in August, a 25.3% increase from the 514,866 tonnes that arrived in the country in the corresponding period of 2019, the Turkish Statistical Institute (TUIK) said.


Demand for flat steel was moderate in June, when orders for August deliveries were placed.
The country imposed additional duties on steel product imports on May 20, which will remain in place until December 31, 2020.

Turkey’s inward-processing regime allows companies to avoid import duties on steel, however, so long as the end...

Published

Serife Durmus

October 05, 2020

13:48 GMT

Bursa