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Turkey’s billet imports up 40.3 percent in January-May

Wednesday, 15 July 2015 12:12:15 (GMT+3)   |   Istanbul

In May this year, Turkey's billet and bloom import volume increased by 6.12 percent year on year to 455,084 metric tons, more than doubling compared to the previous month, according to the data provided by the Turkish Statistical Institute (TUIK). The value of these imports totaled $177.5 million, down 21.9 percent year on year and rising by 95.9 percent compared to the previous month.


 
In the January-May period this year, Turkey's billet and bloom import volume increased by 40.3 percent year on year to 1.84 million metric tons, while the value of these imports totaled $775.67 million, up 9.9 percent year on year.
 
In the January-May period, Turkey imported 751,308 mt of billet and bloom from Russia, 88.26 percent higher year on year, ranking first among Turkey's main billet and bloom import sources, ahead of Ukraine which supplied 750,212 mt in the given period, down 5.59 percent year on year.
 
Turkey's top 10 billet and bloom import sources in the January-May period this year are as follows:

 

Country

Amount (mt)

         
 

January-May 2015

January- May 2014

Y-o-y change (%)

May 2015

May 2014

Y-o-y change (%)

Russia

751,308

399,080

88.26

208,689

143,344

45.59

Ukraine

750,212

794,612

-5.59

140,390

240,807

-41.70

China

110,010

51

-

59,811

-

-

Belarus

95,334

7,235

-

-

4,949

-

Albania

38,937

21,759

78.95

9,459

21,613

-56.23

Bosnia-Herzegovina

31,724

10,989

188.69

16,715

-

-

Georgia

29,833

36,768

-18.86

12,174

7,348

65.68

Serbia

17,905

27,335

-34.50

-

9,594

-

Libya

12,500

-

-

6,500

-

-

Germany

4,896

4,423

10.69

1,025

821

24.85


 
Turkey's main billet and bloom sources on country basis in January-May are presented below:


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