Turkey's steel billet imports almost stable in January-August

Monday, 13 October 2014 11:37:41 (GMT+3)   |   Istanbul

In August this year, Turkey's billet and bloom import volume decreased by 19.92 percent year on year to 165,040 metric tons, and declined by 29.43 percent compared to the previous month, according to the data provided by the Turkish Statistical Institute (TUIK). The value of these imports totaled $90.71 million, down 18.08 percent year on year and decreasing by 27.97 percent compared to the previous month.

Meanwhile, in the first eight months of this year Turkey imported 1.98 million mt of billet and bloom, almost stable, with a value of $1.07 billion, decreasing by 3.14 percent, both year on year.

In the first eight months, Turkey imported 1.1 million mt of billet and bloom from Ukraine, 3.56 percent higher year on year, with Ukraine ranking first among Turkey's main billet and bloom import sources, ahead of Russia which supplied 623,967 mt in the given period, up 5.44 percent year on year. Meanwhile, in August this year Ukraine was the leading source for Turkey's billet and bloom imports, supplying 81,178 mt, down 2.3 percent year on year.
 
Turkey's top 10 billet and bloom import sources in January-August this year are as follows:

Country Amount (mt)        
  January-August 2014 January-August 2013 Y-o-y change (%) August 2014 August 2013 Y-o-y change (%)
Ukraine 1,099,830 1,062,053 3.56 81,178 83,086 -2.3
Russia 623,967 591,782 5.44 32,980 99,575 -66.88
Albania 52,269 29,472 77.35 11,712 - -
Georgia 51,466 31,434 63.73 4,139 5,151 -19.65
Serbia 46,650 28,499 63.69 9,652 - -
Belarus 32,263 101,774 -68.3 - 10,175 -
Bosnia-Herzegovina 21,046 - - - - -
China 19,865 31 - 19,813 - -
France 10,074 8,499 18.53 4,288 35 -
Germany 7,329 25,919 -71.72 1,015 1,824 -44.35

Turkey's main billet and bloom sources on country basis in the first eight months of this year are presented below:

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