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Turkey increases stainless steel rolled products imports

6 August 2013

As the statistics «Turkish Statistical Institute», Turkey, in June of this year, compared to the same period last year, increased deliveries in the country rolled made of stainless steel by 61.7%. This month, the volume of imported goods into the territory of the state of this category amounted to 41.94 ths. Tons.

Meanwhile, Turkish imports of stainless steel (in comparison with the previous month) declined by 13.9%. Income from deliveries abroad stainless steel for the same period stood at 96.7 million. Dollars.

If we consider the situation in the first half of the year as a whole, compared to the same period of 2012, exports of rolled stainless steel from Turkey increased by 19.4% to 225.88 thousand. Tons in absolute terms, and the income from such transactions exceeded 549 million. dollars.

It is noteworthy that in May this year, compared to the same period last year, imports of stainless flats in Turkey increased by 20.8%, as compared to the previous month — increased by 10.7%. In general, the first half of this year, compared to the same period of 2012, imports of these products in Turkey increased by 12.7% to 183.94 thousand. Tons in absolute terms.

We recall that at the moment the Turkish campaign endeavor to develop the domestic industry in terms of production of stainless steel. Previously, local media reported that the company «Yildirim Group» — the largest Turkish producer of chrome ore and ferrochrome premium, used in the manufacture of stainless steel, is planning in the near future to purchase from JSC «Mechel», «Sunrise» GOK and Tikhvin ferroalloy plant. These industrial giants, located on the territory of Russia and Kazakhstan, engaged in mining of chrome ore, as well as its subsequent processing in chrome concentrates, and then in the high carbon ferrochrome. The total amount of the transaction is estimated by experts at $ 425 million. Dollars.

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