Turkey’s billet imports down 35.4 percent in January-May

Friday, 06 July 2018 16:43:03 (GMT+3)   |   Istanbul
       

In May this year, Turkey's billet and bloom import volume increased by 21.7 percent month on month to 106,806 mt, down by 40.7 percent year on year, according to the data provided by the Turkish Statistical Institute (TUIK). The value of these imports totaled $62.5 million, up 19.2 percent month on month and down 18.9 percent year on year.

In the January-May period of the current year, Turkey's billet import volume amounted to 615,386 mt, falling by 35.4 percent, while the value of these imports decreased by 12.22 percent to $346.4 million, both year on year.

In the given period, Turkey imported 254,291 mt of billet and bloom from Russia, down 23.60 percent year on year, with Russia ranking as Turkey's leading billet and bloom import source, ahead of Ukraine which supplied 196,932 mt in the given period.
 
Turkey's top billet and bloom import sources in the January-May period are as follows:

Country

Amount (mt)

 

 

 

 

 

 

Jan-May

2018

Jan-May

2017

Y-o-y change (%)

May 2017

May 2016

Y-o-y change (%)

Russia

254,291

332,828

-23.60

64,395

51,976

23.89

Ukraine

196,932

399,975

-50.76

20,874

94,020

-77.80

Brazil

41,485

20,340

103.96

171

-

-

Belarus

30,510

29,009

5.17

-

8,770

-

Georgia

28,606

31,868

-10.24

6,811

6,117

11.35

Egypt

20,616

-

-

-

-

-

Italy

12,721

5,491

131.67

12,092

22

-

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


Similar articles

Kardemir’s billet sales dampen bullish mood among ex-Black Sea suppliers

26 Apr | Longs and Billet

Global View on Billet: Market at crossroads as Asian mills remain bullish, MENA unable to follow

26 Apr | Longs and Billet

Ex-ASEAN billet exporters bullish after news from China

25 Apr | Longs and Billet

SE Asia’s import billet market still resists sellers’ attempts to hike prices, deals rare

25 Apr | Longs and Billet

Iran floats new billet export tenders, price expectations weak

25 Apr | Longs and Billet

Asian billet prices rise in Turkey, but yet to see buyers’ acceptance

24 Apr | Longs and Billet

Ex-India billet prices stable, sellers still hope for improvement amid stable local demand

24 Apr | Longs and Billet

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