Turkey’s billet imports up 117 percent in January-March

Friday, 07 May 2021 13:37:43 (GMT+3)   |   Istanbul
       

In March this year, Turkey's billet and bloom import volume decreased by 16.8 percent month on month to 339,166 mt, up by 163.3 percent year on year, according to the data provided by the Turkish Statistical Institute (TUIK). The value of these imports totaled $199.02 million, decreasing by 9.7 percent month on month and up by 246.0 percent year on year.

In the January-March period of this year, Turkey's billet import volume amounted to 920,710 mt, increasing by 117.0 percent, while the value of these imports increased by 173.8 percent to $511.95 million, both year on year.

In the given period, Turkey imported 514,030 mt of billet and bloom from Russia, up 114.21 percent year on year, with Russia ranking as Turkey's leading billet and bloom import source, ahead of Ukraine which supplied 167,978 mt in the given period.

Turkey's top billet and bloom import sources in January-March are as follows:

Country

Amount (mt)

 

 

 

 

 

 

January-March 2021

January-March 2020

Y-o-y change (%)

March 2021

March 2020

Y-o-y change (%)

Russia

514,030

239,964

114.21

198,933

40,502

391.17

Ukraine

167,978

141,462

18.74

30,411

64,108

-52.56

Qatar

97,019

-

-

49,002

-

-

Oman

37,344

-

-

-

-

-

India

29,954

-

-

29,954

-

-

Azerbaijan

22,644

-

-

8,612

-

-

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


Similar articles

RINL floats export billet tender for 30,000 mt for early May shipment

29 Mar | Longs and Billet

No halt to downtrend in SE Asia’s import billet market, more traders going short

28 Mar | Longs and Billet

Ex-Asia billet offers become more affordable in Turkey, market slightly optimistic

27 Mar | Longs and Billet

Ex-India billet prices stable, but buyers try to push below $490/mt FOB

27 Mar | Longs and Billet

Ex-ASEAN billet sales continue at low prices, China turns negative again

26 Mar | Longs and Billet

Global View on Billet: Pessimism grows again due to weak China, slight hike attempts in Turkey

22 Mar | Longs and Billet

Turkey’s Kardemir issues planned sales volumes for April-June

22 Mar | Steel News

Import billet prices in SE Asia hit new low, trend reversal anticipated

21 Mar | Longs and Billet

Domestic billet sales livelier in Turkey, import price range narrows amid limited allocation

21 Mar | Longs and Billet

Ex-India billet sellers ready to accept lower prices to push sales amid weak local conditions

20 Mar | Longs and Billet