Turkey’s billet imports down 53.1 percent in January-July

Friday, 15 September 2017 15:08:14 (GMT+3)   |   Istanbul

In July this year, Turkey's billet and bloom import volume decreased by 15.7 percent year on year to 232,501 mt, up 50.4 percent compared to the previous month, according to the data provided by the Turkish Statistical Institute (TUIK). The value of these imports totaled $121.97 million, up 0.2 percent year on year and increasing by 51.2 percent compared to the previous month.

 

In the first seven months of the current year, Turkey's billet import volume amounted to 1.43 million mt, falling by 53.1 percent, while the value of these imports decreased by 37.5 percent to $598.5 million, both year on year.
 
In the given period, Turkey imported 572,243 mt of billet and bloom from Ukraine, down 37.3 percent year on year, with Ukraine ranking as Turkey's leading billet and bloom import source, ahead of Russia which supplied 454,620 mt in the given period.
 
Turkey's top billet and bloom import sources in the January-July period of this year are as follows:

Country

Amount (mt)

 

 

 

 

 

 

January-July

2017

January- July

2016

Y-o-y change (%)

July 2017

July 2016

Y-o-y change (%)

Ukraine

572,243

913,175

-37.3

86,476

124,636

-30.6  

Russia

454,620

1,001,858

-54.6

80,439

82,209

-2.2  

Iran

77,025

49,083

56.9

-

20,268

-

Belarus

66,534

-

-

27,516

-

-

Bahrain

55,218

-

-

55,218

-

-

Azerbaijan

44,589

13,508

230.0

6,297

2,318

171.7  

Georgia

43,045

15,407

179.3

10,255

2,906

252.9  

 

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

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