In October this year, Turkey's billet and bloom import volume decreased by 18.2 percent year on year to 355,098 mt, up 3.5 percent compared to the previous month, according to the data provided by the Turkish Statistical Institute (TUIK). The value of these imports totaled $121.5 million, down 18.6 percent year on year and rising by three percent compared to the previous month.
In the January-October period this year, Turkey's billet and bloom import volume increased by 1.2 percent year on year to 4.07 million mt, while the value of these imports totaled $1.31 billion, down 17 percent year on year.
In the first ten months of this year, Turkey imported 1,503,153 mt of billet and bloom from Russia, up 11.76 percent year on year, with Russia ranking as Turkey's leading billet and bloom import source, ahead of Ukraine which supplied 1,212,701 mt in the given period.
Turkey's top billet and bloom import sources in the first ten months of the current year are as follows:
Country | Amount (mt) | |||||
Jan-Oct 2016 | Jan-Oct 2015 | Y-o-y change (%) | October 2016 | October 2015 | Y-o-y change (%) | |
Russia | 1,503,153 | 1,344,934 | 11.76 | 219,272 | 160,126 | 36.94 |
Ukraine | 1,212,701 | 1,228,537 | -1.29 | 106,543 | 17,233 | 518.25 |
China | 1,069,688 | 1,056,275 | 1.27 | 9,503 | 222,767 | -95.73 |
Iran | 49,326 | 10,130 | 386.93 | 153 | - | - |
Brazil | 45,746 | 36,225 | 26.28 | 25 | 15,432 | -99.84 |
Spain | 37,928 | 393 | - | 11 | 349 | -96.85 |
Kazakhstan | 31,238 | - | - | 9,455 | - | - |
Turkey's main billet and bloom sources on country basis in the January-October period this year are presented below:
