According to the data provided by the Turkish Statistical Institute, in October this year Turkey's stainless flat steel imports rose by 9.1% compared to the previous month and were up slightly by 0.6% compared to October 2011, amounting to 27,725 metric tonnes. The value of these imports was USD 69.35 million, increasing by 7.9% as compared to September this year and down 13% YoY
Meanwhile, in the first 10 months of the current year, Turkey's stainless flat steel imports amounted to 299,058 metric tonnes, increasing 1.5% compared to the corresponding period of 2011. The value of these imports was USD 775 million, decreasing by 13.4% compared to the same period of the previous year.
In the first 10 months of the year, Turkey's stainless flat steel imports from Taiwan amounted to 71,450 metric tons, increasing by 4.8% year on year. Turkey's second biggest source of stainless flat steel imports in the first 10 months of this year was South Korea with 39,017 metric tons, down 6.77% compared to the same period of 2011. Germany exported 35,053 tonne of stainless flat steel to Turkey in the January-October period of the year, rising by 8.8% on year on year basis.