Turkey's steel billet imports up 117.87 percent in Nov over Oct

Wednesday, 15 January 2014 12:28:29 (GMT+3)   |   Istanbul

In November last year, Turkey's billet and bloom import volume increased by 79.96 percent year on year to 305,723 metric tons, up 117.87 percent compared to the previous month, according to the data provided by the Turkish Statistical Institute (TUIK). The value of these imports totaled $163.52 million, up 69.72 percent year on year and increasing by 108.60 percent compared to the previous month.

Meanwhile, in the January-November period of last year, Turkey imported 2.73 million mt of billet and bloom, up 27.59 percent, with a value of $1.51 billion, increasing by 14.48 percent, both year on year.

In November last year, Turkey imported 151,518 mt of billet and bloom from Ukraine, 151.29 percent higher month on month and 35.68 percent higher compared to November 2012, occupying first place among Turkey's major billet and bloom import sources in the given month, ahead of Russia. In the given month, Turkey imported 73,665 mt of billet and bloom from Russia, 4.36 percent higher month on month and 213.52 percent higher year on year. Meanwhile in the first 11 months of last year Ukraine's billet and bloom exports to Turkey increased by 28.07 percent year on year to 1.40 million mt, with Ukraine being the top supplier of billet and bloom to Turkey in this period. 

Turkey's top 10 billet and bloom import sources in January-November 2013 are as follows:

Country Amount (mt)      
  Jan-Nov. 2013 Jan-Nov. 2012 Nov. 2013 Nov. 2012
Ukraine 1,397,318 1,091,022 151,518 111,677
Russia 877,223 611,153 73,665 23,496
Belarus 126,684 94,162 20,324 8,718
Georgia 51,609 - 5,813 -
Albania 40,375 108,587 3,982 14,403
Serbia 37,648 23,611 4,793 4,864
Lithuania 30,902 - - -
Germany 28,489 24,962 741 692
Croatia 22,339 - - -
Lebanon 20,194 - 20,194 -

 

Turkey's main billet and bloom sources on country basis in the first 10 months of last year are presented below:

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