Turkey’s billet imports down 25.7 percent in Q1

Monday, 14 May 2018 15:52:47 (GMT+3)   |   Istanbul
       

In March this year, Turkey's billet and bloom import volume increased by 35.5 percent to 155,072 mt, up by 0.6 percent year on year, according to the data provided by the Turkish Statistical Institute (TUIK). The value of these imports totaled $87.25 million, up 36.3 percent month on month and up 34.4 percent year on year.

 

In the first quarter of the current year, Turkey's billet import volume amounted to 420,791 mt, falling by 25.7 percent, while the value of these imports decreased by 0.8 percent to $231.55 million, both year on year.

In the given period, Turkey imported 150,100 mt of billet and bloom from Russia, down 36.84 percent year on year, with Russia ranking as Turkey's leading billet and bloom import source, ahead of Ukraine which supplied 142,184 mt in the given period.
 
Turkey's top billet and bloom import sources in the January-March period are as follows:

Country

Amount (mt)

 

 

 

 

 

 

Jan-Mar

2018

Jan-Mar

2017

Y-o-y change (%)

March 2017

March 2016

Y-o-y change (%)

Russia

150,100

237,638

-36.84

44,815

95,160

-52.91

Ukraine

142,184

250,420

-43.22

53,788

44,613

20.57

Brazil

41,117

20,217

103.38

-

49

-

Belarus

25,088

10,138

147.46

25,087

-

-

Egypt

20,616

-

-

20,615

-

-

Georgia

13,207

21,037

-37.22

6,178

-

-

Venezuela

10,566

-

-

-

-

-

 

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


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