Turkey's steel billet imports down 11.84 percent in Q1

Thursday, 08 May 2014 11:44:59 (GMT+3)   |   Istanbul
       

In March this year, Turkey's billet and bloom import volume increased by 11.38 percent year on year to 219,226 metric tons, up 17.91 percent compared to the previous month, according to the data provided by the Turkish Statistical Institute (TUIK). The value of these imports totaled $117 million, up 5.25 percent year on year and increasing by 13.73 percent compared to the previous month.

Meanwhile, in the first quarter this year Turkey imported 671,948 mt of billet and bloom, down 11.84 percent, with a value of $365.27million, decreasing by 14.79 percent, both year on year.

In the first quarter, Turkey imported 403,619 mt of billet and bloom from Ukraine, 1.10 percent lower year on year, with Ukraine ranking first among Turkey's main billet and bloom import sources, ahead of Russia which supplied 208,856 mt in the given period, down 1.16 percent year on year. Meanwhile, in March this year Ukraine was also the leading source for Turkey's billet and bloom imports, supplying 119,308 mt, down 15.69 percent year on year.
 
Turkey's top 10 billet and bloom import sources in January-March this year are as follows:

CountryAmount (mt)   
 Jan-Mar. 2014Jan-Mar. 2013Mar.14Mar.13
Ukraine403,619408,102119,308141,509
Russia208,856211,30367,58618,628
Georgia22,7019,17610,4513,343
Serbia17,74118,7699,593-
Bosna-Herz.10,989-10,989-
Germany2,62116,876873764
Belarus2,28655,581-20,383
Egypt1,9234,606--
Brazil2668314929
Italy2564318529

Turkey's main billet and bloom sources on country basis in the first quarter this year are presented below:


Similar articles

ASEAN mills not in hurry to sell semis, awaiting for further strengthening of market

23 Apr | Longs and Billet

India’s RINL floats export tender for 30,000 mt of billet for early June shipment

22 Apr | Longs and Billet

Global View on Billet: Bullish Asia spreads positive mood, buyers in some regions resist

19 Apr | Longs and Billet

Ex-Europe scrap prices in Turkey remain firm, market still mostly silent

18 Apr | Scrap & Raw Materials

Tradable import billet prices fail to improve in SE Asia, demand focused on traders taking positions

18 Apr | Longs and Billet

Ex-Black Sea billet allocation still limited, Egypt and Turkey may be promising for Asian origins

17 Apr | Longs and Billet

Ex-India billet prices improve, but trade limited by surging domestic market

17 Apr | Longs and Billet

Iranian billet export prices continue to weaken

17 Apr | Longs and Billet

Vietnam’s Hoa Phat Group sees higher net profit and revenue in Q1

17 Apr | Steel News

Ex-ASEAN deal prices increase amid stronger China, demand mostly from MENA

16 Apr | Longs and Billet