Turkey's steel billet imports grow 33 percent in Jan-Aug

Monday, 28 October 2013 12:20:24 (GMT+3)   |   Istanbul
       

In August this year Turkey's billet and bloom import volume increased by 6.82 percent year on year to 206,090 metric tons, down 22.4 percent compared to the previous month, according to the data provided by the Turkish Statistical Institute (TUIK).  Value of this import volume totaled $110.73 million, down 2 percent year on year and decreasing by 23.8 percent compared to the previous month.

Meanwhile, in the January-August period of this year, Turkey imported 1,978,512 mt of billet and bloom, 33 percent higher than the same period of previous year and value of this import volume amounted to $1.1 billion, increasing 11.1 percent.

In August this year, Turkey imported 99,575 mt of billet and bloom from Russia, 23.4 percent higher than the import volume of the previous month and 87.2 percent higher than compared to the August 2012. Thus, for the first time this year the country took the first rank among Turkey's major billet and bloom import sources, ahead of Ukraine. Despite this increase, in the first eight months of this year Ukraine's billet and bloom exports to Turkey increased by 44.4 percent year on year, amounting to 1.06 million mt and the country maintained the first rank in given period.

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

Turkey's top 10 billet and bloom import sources in January-August 2013 are as follows:
 

Country

Volume (mt)

 

 

 

 

Jan-Aug 2013

Jan-Aug 2012

August 2013

August 2012

Ukraine

1,062,053

735,053

83,086

113,837

Russia

591,782

475,329

99,575

53,185

Belarus

101,774

60,141

10,175

9,041

Georgia

31,434

-

5,151

-

Lithuania

30,902

-

-

-

Albania

29,472

70,078

-

2,102

Serbia

28,499

18,747 

-

-

Germany

25,919

22,929

1,824

2,735

Croatia

17,483

-

-

-

USA

12,103

382

93

38

 


Similar articles

Global View on Billet: Asian market posts rapid drop, MENA more stable with mood still bearish

15 Mar | Longs and Billet

Mood of panic in China impacts import billet market in SE Asia

14 Mar | Longs and Billet

Ex-India billet sellers retreat in face of declining bids

14 Mar | Longs and Billet

Turkey’s billet imports down 47.5 percent in January

14 Mar | Steel News

Ex-Russia billet bottoms up amid demand from N. Africa, Turkey still not supportive

13 Mar | Longs and Billet

Iranian mills float new semis export tenders, trying to activate trade

12 Mar | Longs and Billet

ASEAN mills keep billet export offers stable amid latest sales including slabs, China still bearish

12 Mar | Longs and Billet

Global View on Billet: Price declines gather momentum, though number of suppliers resist

08 Mar | Longs and Billet

Turkey-based Çemtaş posts lower net profit and sales revenues for 2023

08 Mar | Steel News

Tradable levels down in SE Asian billet market, though ASEAN mills resist rapid cuts in FOB offers

07 Mar | Longs and Billet