Turkey’s billet imports down 58 percent in January-June

Tuesday, 08 August 2017 14:41:34 (GMT+3)   |   Istanbul

In June this year, Turkey's billet and bloom import volume decreased by 64 percent year on year to 187,873 mt, up 4.3 percent compared to the previous month, according to the data provided by the Turkish Statistical Institute (TUIK). The value of these imports totaled $80.65 million, down 57.8 percent year on year and falling by 4.75 percent compared to the previous month.

In the first six months of the current year, Turkey's billet import volume amounted to 1.14 million mt, falling by 58 percent, while the value of these imports decreased by 94.3 percent to $476.6 million, both year on year.
 
In the given period, Turkey imported 485,768 mt of billet and bloom from Ukraine, down 38.4 percent year on year, with Ukraine ranking as Turkey's leading billet and bloom import source, ahead of Russia which supplied 374,168 mt in the given period.
 
Turkey's top billet and bloom import sources in the January-June period of this year are as follows:

 

Country

Amount (mt)

 

 

 

 

 

 

January-June

2017

January-June

2016

Y-o-y change (%)

June 2017

June 2016

Y-o-y change (%)

Ukraine

485,768

788,522

-38.40

82,840

161,857

-48.82

Russia

374,168

919,649

-59.31

41,340

172,169

-75.99

Iran

77,025

28,814

167.32

23,621

8,020

194.53

UAE

40,107

30,400

31.93

-

30,374

-

Belarus

39,076

-

-

10,065

-

-

Azerbaijan

38,291

11,189

242.22

11,800

3,646

223.64

Georgia

32,789

12,501

162.29

920

-

-

 

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

DemetKazdal
Demet Kazdal
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After graduating from Boğaziçi University with a degree in English Language and Literature, I have spent the past 15 years developing deep expertise in the steel industry. At SteelOrbis, I serve as Head of Content Department. I write and edit comprehensive news and reports on steel markets, with a primary focus on the Turkish market as well as global market dynamics.

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