In January this year, Turkey’s billet and bloom imports grew by 2.5 percent month on month and decreased by 47.5 percent year on year to 191,163 mt, according to the data provided by the Turkish Statistical Institute (TUIK). Meanwhile, the value of these imports increased by 7.8 percent compared to the previous month and went down by 40.8 percent year on year to $108.92 million.
In the given month, Turkey’s billet and bloom imports from the Russia amounted to 59,863 mt, down 53.0 percent year on year, while Russia was followed by Saudi Arabia with 51,489 mt and by Ukraine with 20,973 mt.
Turkey’s top billet and bloom import sources in the first month of 2024 are as follows:
Country |
Amount (mt) |
|
|
|
January 2024 |
January 2023 |
Y-o-y change (%) |
Russia |
59,863 |
127,479 |
-53.0 |
Saudi Arabia |
51,489 |
- |
- |
Ukraine |
20,973 |
- |
- |
Algeria |
19,999 |
49,327 |
-59.4 |
Other Countries |
12,335 |
- |
- |
Iran |
9,852 |
15,549 |
-36.6 |
Azerbaijan |
7,720 |
3,613 |
+113.7 |
Pakistan |
6,738 |
5,097 |
-32.2 |
Germany |
973 |
546 |
+78.2 |
Italy |
435 |
153 |
-64.8 |
Turkey’s main billet and bloom import sources in January are as follows:
