Turkey’s billet imports down 74.2 percent in January-February

Monday, 15 April 2019 17:29:08 (GMT+3)   |   Istanbul
       

In February this year, Turkey's billet and bloom import volume decreased by 4.4 percent month on month to 33,424 mt, down by 70.8 percent year on year, according to the data provided by the Turkish Statistical Institute (TUIK). The value of these imports totaled $19.3 million, up 2.2 percent month on month and down 69.8 percent year on year.

In the first two months, Turkey's billet import volume amounted to 68,377 mt, falling by 74.2 percent, while the value of these imports decreased by 73.5 percent to $38.2 million, both year on year.

In the given period, Turkey imported 33,610 mt of billet and bloom from Russia, down 70.33 percent year on year, with Russia ranking as Turkey's leading billet and bloom import source, ahead of Georgia which supplied 19,071 mt in the given period.
 
Turkey's top billet and bloom import sources in January-February are as follows:

Country

Amount (mt)

 

 

 

 

 

 

Jan-Feb 2019

Jan-Feb 2018

Y-o-y change (%)

February 2019

February 2018

Y-o-y change (%)

Russia

33,610

113,285

-70.33

10,827

37,613

-71.21

Georgia

19,071

7,028

171.36

12,170

180

-

Ukraine

7,475

88,395

-91.54

7,413

22,545

-67.12

Azerbaijan

3,402

443

667.95

1,448

-

-

Germany

2,365

2,838

-16.67

1,196

1,391

-

Turkey's main billet and bloom sources on country basis in the January-February period this year are presented below:


Most Recent Related Articles

Ex-CIS billet prices under pressure from weak demand, negative sentiment in scrap

India’s ArcelorMittal Nippon Steel bids to secure iron ore mines in Odisha

China’s HRC output up 10% in 2019, CRC output rises by 3.5 percent

Short sea scrap price down sharply in fresh deals to Turkey