Turkey’s billet imports down 76.2 percent in Q1

Monday, 13 May 2019 15:13:36 (GMT+3)   |   Istanbul
       

In March this year, Turkey's billet and bloom import volume decreased by 7.7 percent month on month to 30,862 mt, down by 80 percent year on year, according to the data provided by the Turkish Statistical Institute (TUIK). The value of these imports totaled $18.76 million, down 2.9 percent month on month and down 77 percent year on year.

In the first three months of this year, Turkey's billet import volume amounted to 99,238 mt, falling by 76.2 percent, while the value of these imports decreased by 73.4 percent to $57 million, both year on year.

In the given period, Turkey imported 48,539 mt of billet and bloom from Russia, down 69.30 percent year on year, with Russia ranking as Turkey's leading billet and bloom import source, ahead of Georgia which supplied 23,800 mt in the given period.
 
Turkey's top billet and bloom import sources in January-March are as follows:

Country

Amount (mt)

 

 

 

 

 

 

Jan-Mar 2019

Jan- Mar 2018

Y-o-y change (%)

March 2019

March 2018

Y-o-y change (%)

Russia

48,539

158,101

-69.30

14,929

37,613

-60.31

Georgia

23,800

13,207

80.21

4,729

180

-

Ukraine

11,409

142,184

-91.98

3,934

22,545

-82.55

Azerbaijan

7,858

1,055

644.83

4,455

-

-

Germany

3,648

626

482.75

1,284

1,391

-7.69


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

 


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