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: