In May this year, Turkey's billet and bloom import volume decreased by 60.6 percent year on year to 180,093 mt, down 13.8 percent compared to the previous month, according to the data provided by the Turkish Statistical Institute (TUIK). The value of these imports totaled $77 million, down 47 percent year on year and falling by 9.8 percent compared to the previous month.
In the first five months of the current year, Turkey's billet import volume amounted to 955,645 mt, falling by 56.2 percent, while the value of these imports decreased by 38.6 percent to $395.9 million, both year on year.
In the given period, Turkey imported 402,927 mt of billet and bloom from Ukraine, down 35.7 percent year on year, with Ukraine ranking as Turkey's leading billet and bloom import source, ahead of Russia which supplied 332,829 mt in the given period.
Turkey's top billet and bloom import sources in the January-May period of this year are as follows:
Country |
Amount (mt) |
|
|
|
|
|
|
January-May 2017 |
January-May 2016 |
Y-o-y change (%) |
May 2017 |
May 2016 |
Y-o-y change (%) |
Ukraine |
402,927 |
626,665 |
-35.70 |
94,020 |
140,477 |
-33.07 |
Russia |
332,829 |
747,479 |
-55.47 |
51,976 |
183,588 |
-71.69 |
Iran |
53,404 |
20,794 |
156.82 |
- |
41 |
- |
UAE |
40,107 |
26 |
- |
- |
26 |
- |
Georgia |
31,868 |
12,501 |
154.92 |
6,117 |
5,964 |
2.57 |
Belarus |
29,010 |
- |
- |
8,770 |
- |
- |
Azerbaijan |
26,491 |
7,573 |
249.81 |
17,372 |
1,758 |
888.17 |
Turkey's main billet and bloom sources on country basis in the first five months of this year are presented below: