In October this year, Turkey's billet and bloom import volume decreased by 61.4 percent year on year to 137,174 mt, down 14.4 percent compared to the previous month, according to the data provided by the Turkish Statistical Institute (TUIK). The value of these imports totaled $71.6 million, down 41 percent year on year and decreasing by six percent compared to the previous month.
In the first ten months of the current year, Turkey's billet import volume amounted to 1.89 million mt, falling by 53.5 percent, while the value of these imports decreased by 37 percent to $824 million, both year on year.
In the given period, Turkey imported 742,574 mt of billet and bloom from Ukraine, down 38.77 percent year on year, with Ukraine ranking as Turkey's leading billet and bloom import source, ahead of Russia which supplied 586,879 mt in the given period.
Turkey's top billet and bloom import sources in the January-October period of this year are as follows:
Country |
Amount (mt) |
|
|
|
|
|
|
January-October 2017 |
January-October 2016 |
Y-o-y change (%) |
October 2017 |
October 2016 |
Y-o-y change (%) |
Ukraine |
742,574 |
1,212,702 |
-38.77 |
81,617 |
106,543 |
-23.40 |
Russia |
586,879 |
1,503,152 |
-60.96 |
42,348 |
219,272 |
-80.69 |
Iran |
118,103 |
49,324 |
139.44 |
728 |
153 |
375.82 |
UAE |
79,877 |
30,485 |
162.02 |
- |
- |
- |
Belarus |
79,322 |
- |
- |
- |
- |
- |
Azerbaijan |
78,137 |
13,507 |
478.49 |
3,026 |
- |
- |
Bahrain |
55,218 |
- |
- |
- |
- |
- |
Turkey's main billet and bloom sources on country basis in the first ten months of this year are presented below: