Turkish flat steel imports up 12% in November amid steady demand in Q3 2020

Turkey imported 616,408 tonnes of flat steel in November 2020, up by 12.2% from the corresponding month in 2019 when 549,549 tonnes arrived in the country, the Turkish Statistical Institute (TUIK) said last week.

Orders for flat steel arriving in November were placed in August and September when there was moderate demand for the material in Turkey. There were several bookings reported for imported flat steel in August, sources told Fastmarkets.

Demand for flat steel is currently weak in the Turkish market because of the...

Published

Serife Durmus

January 05, 2021

13:00 GMT

Bursa