In December last year, Turkey’s billet and bloom import volume declined by 17.9 percent month on month and by 30.0 percent year on year to 186,477 mt, according to the data provided by the Turkish Statistical Institute (TUIK). The value of these imports totaled $101.07 million, down by 16.7 percent month on month and by 34.5 percent year on year.
In 2023, Turkey’s billet import volume amounted to 3.07 million mt, growing by 22.0 percent, while the value of these imports moved up by 6.8 percent to $1.80 billion, both year on year.
In the given year, Turkey imported 1,394,194 mt of billet and bloom from Russia, down 7.3 percent year on year. Russia was followed by Algeria with 547,496 mt, up 391.7 percent, and Oman with 251,461 mt, up 1.6 percent, both on year-on-year basis.
Turkey’s top billet and bloom import sources in the previous year are as follows:
Country |
Amount (mt) |
|
|
|
|
|
|
2023 |
2022 |
Y-o-y change (%) |
December 2023 |
December 2022 |
Y-o-y change (%) |
Russia |
1,394,194 |
1,503,439 |
-7.3 |
88,945 |
104,806 |
-15.1 |
Algeria |
547,496 |
111,351 |
+391.7 |
28,609 |
31,690 |
-9.7 |
Oman |
251,461 |
247,559 |
+1.6 |
30,087 |
79,639 |
-62.2 |
Malaysia |
163,391 |
20,968 |
+679.2 |
- |
20,968 |
- |
Iran |
136,336 |
113,039 |
+20.6 |
12,019 |
11,537 |
+4.2 |
India |
87,542 |
49,443 |
+77.1 |
- |
- |
- |
Ukraine |
67,134 |
117,538 |
-42.9 |
- |
- |
- |
Kuwait |
61,698 |
45,128 |
+36.7 |
- |
- |
- |
Belarus |
50185 |
- |
- |
3,062 |
- |
- |
Pakistan |
48,245 |
37,722 |
+27.9 |
7,624 |
7,911 |
-3.6 |
Turkey’s main billet and bloom sources on country basis in 2023 are presented below:
