Turkey's steel billet imports up 4.9 percent in H1

Friday, 08 August 2014 17:31:44 (GMT+3)   |   Istanbul

In June this year, Turkey's billet and bloom import volume increased by 32.46 percent year on year to 269,121 metric tons, but decreased by 37.24 percent compared to the previous month, according to the data provided by the Turkish Statistical Institute (TUIK). The value of these imports totaled $147.01 million, up 30.48 percent year on year but decreasing by 35.31 percent compared to the previous month.

Meanwhile, in the first half of this year Turkey imported 1.58 million mt of billet and bloom, up 4.91 percent, with a value of $852.74 million, increasing by 0.57 percent, both year on year.
In the first six months, Turkey imported 919,326 mt of billet and bloom from Ukraine, 11.48 percent higher year on year, with Ukraine ranking first among Turkey's main billet and bloom import sources, ahead of Russia which supplied 487,002 mt in the given period, up 18.33 percent year on year. Meanwhile, in June this year Ukraine was also the leading source for Turkey's billet and bloom imports, supplying 124,747 mt, down 5.58 percent year on year.
 
Turkey's top 10 billet and bloom import sources in January-June this year are as follows:

 

Country Amount (mt)        
  H1 2014 H1 2013 Y-o-y change (%) June 2014 June 2013 Y-o-y change (%)
Ukraine 919,326 824,663 11.48 124,747 132,114 -5.58
Russia 487,002 411,562 18.33 87,922 46,17 90.43
Georgia 43,428 17,335 150.52 6,661 536 -
Serbia 36,998 28,501 29.81 9,663 - -
Albania 35,152 25,473 38 13,393 - -
Bosnia-Herzegovina 21,046 - - 10,057 - -
Belarus 17,454 85,568 -79.6 10,219 10,057 1.61
Italy 5,893 4,985 18.21 5,143 413 -
France 5,726 6,031 -5.06 66 151 -56.29
Germany 5,409 19,885 -72.8 986 777 -

 

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

 

 

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