In March this year, Turkey's billet and bloom import volume increased by 49.4 percent month on month to 372,509 mt, up by 328 percent year on year, according to the data provided by the Turkish Statistical Institute (TUIK). The value of these imports totaled $222.24 million, up 55.9 percent month on month and up 224.6 percent year on year.
In the first three months of this year, Turkey's billet import volume amounted to 953,419 mt, increasing by 137 percent, while the value of these imports increased by 93.2 percent to $550.35 million, both year on year.
In the given period, Turkey imported 363,397 mt of billet and bloom from Russia, up 115.5 percent year on year, with Russia ranking as Turkey's leading billet and bloom import source, ahead of Algeria which supplied 222,812 mt in the given period.
Turkey's top billet and bloom import sources in January-March are as follows:
Country |
Amount (mt) |
|
|
|
|
|
|
January-March 2023 |
January-March 2022 |
Y-o-y change (%) |
March 2023 |
March 2022 |
Y-o-y change (%) |
Russia |
363,397 |
168,610 |
115.53 |
152,823 |
22,767 |
571.25 |
Algeria |
222,812 |
7,214 |
- |
62,012 |
- |
- |
Oman |
170,363 |
45,725 |
272.58 |
76,506 |
25,113 |
204.65 |
Iran |
42,710 |
13,487 |
216.68 |
18,170 |
6,508 |
179.19 |
Kuwait |
31,232 |
- |
- |
31,231 |
- |
- |
Malaysia |
28,491 |
- |
- |
- |
- |
- |
India |
27,768 |
19,444 |
42.81 |
- |
- |
- |
Azerbaijan |
23,858 |
21,990 |
8.49 |
15,642 |
13,194 |
18.55 |
Belarus |
21,017 |
- |
- |
6,052 |
- |
- |
Pakistan |
15,092 |
1,500 |
906.13 |
5,940 |
1,475 |
302.71 |
Turkey's main billet and bloom sources on country basis in the January-March period of this year are presented below:
