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ANKARA (Scrap Monster): Turkey's flat steel imports, including hot rolled, cold rolled, coated and narrow strip steel, declined by 7% year-on-year to 412,759 metric tons (mt) in July this year and decreased by 8.4% month-on-month, as per the latest data provided by the Turkish Statistical Institute (TUIK).

The value of these imports amounted to $299.7 million, decreased by 13% as compared to June this year and down 20.9% year on year.

Meanwhile, in the first seven months of the current year Turkey's flat steel imports amounted to 2.85 million mt, decreased 5.3% year-on-year.

In the first seven months, Turkey's hot rolled flat steel imports from Ukraine amounted to 652,475 mt, increased by 12.2% year-on-year. Turkey's second biggest source of hot rolled flat steel imports in January-July this year was Russia with 499,708 mt, down 36.1% compared to the same period of 2011.

Meanwhile, Turkey's hot rolled flat steel imports from the EU amounted to 1.5 million mt in the first seven months, rose by 15.4% year-on-year.