Turkey’s billet imports down 52.9 percent in January-November

Friday, 05 January 2018 12:26:45 (GMT+3)   |   Istanbul

In November last year, Turkey's billet and bloom import volume decreased by 43.1 percent year on year to 133,897 mt, down 2.4 percent compared to the previous month, according to the data provided by the Turkish Statistical Institute (TUIK). The value of these imports totaled $72.4 million, down 12.6 percent year on year and increasing by one percent compared to the previous month.

In the first 11 months of the last year, Turkey's billet import volume amounted to 2.03 million mt, falling by 52.9 percent, while the value of these imports decreased by 35.6 percent to $896.7 million, both year on year.
 
In the given period, Turkey imported 778,197 mt of billet and bloom from Ukraine, down 39.69 percent year on year, with Ukraine ranking as Turkey's leading billet and bloom import source, ahead of Russia which supplied 667,998 mt in the given period.
 
Turkey's top billet and bloom import sources in the January-November period of last year are as follows:

Country

Amount (mt)

 

 

 

 

 

 

January-November

2017

January-November

2016

Y-o-y change (%)

November 2017

November 2016

Y-o-y change (%)

Ukraine

778,197

1,290,390

-39.69

35,606

77,688

-54.17

Russia

667,998

1,645,905

-59.41

81,120

142,753

-43.17

Iran

118,284

49,325

139.81

181

-

-

Azerbaijan

80,189

15,544

415.88

2,051

2,036

0.74

UAE

79,877

30,486

162.01

-

-

-

Belarus

79,322

-

-

-

-

-

Georgia

64,506

33,694

91.45

10,354

2,940

252.18

Turkey's main billet and bloom sources on country basis in the first 11 months of last year are presented below:

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