Turkey's steel billet imports up 57 percent in September from August

Thursday, 06 November 2014 14:09:29 (GMT+3)   |   Istanbul

In September this year, Turkey's billet and bloom import volume decreased by 14 percent year on year to 259,009 metric tons and increased by 56.9 percent compared to the previous month, according to the data provided by the Turkish Statistical Institute (TUIK). The value of these imports totaled $141.36 million, down 14.6 percent year on year and increasing by 55.8 percent compared to the previous month.

Meanwhile, in the first nine months of this year Turkey imported 2.24 million mt of billet and bloom, down 1.8 percent, with a value of $1.21 billion, decreasing by 4.6 percent, both year on year.
In the first nine months, Turkey imported 1.21 million mt of billet and bloom from Ukraine, 1.9 percent higher year on year, with Ukraine ranking first among Turkey's main billet and bloom import sources, ahead of Russia which supplied 724,856 mt in the given period, down 1.1 percent year on year. Meanwhile, in September this year Ukraine was the leading source for Turkey's billet and bloom imports, supplying 108,185 mt, down 12.4 percent year on year.
 
Turkey's top 10 billet and bloom import sources in January-September this year are as follows:

Country Amount (mt)        
  January-September 2014 January-September 2013 Y-o-y change (%) September 2014 September 2013 Y-o-y change (%)
Ukraine 1,208,014 1,185,505 1.9 108,185 123,452 -12.37
Russia 724,856 732,964 -1.11 100,889 141,182 -28.54
Albania 67,821 36,393 86.36 15,553 6,920 -
Georgia 56,808 39,491 43.85 5,343 8,057 -33.68
Serbia 46,650 32,855 41.99 - 4,356 -
Belarus 46,210 106,360 -56.55 13,947 4,587 -
Bosnia-Herzegovina 30,149 - - 9,103 - -
China 19,872 31 - 7 - -
Italy 10,742 9,772 9.93 4,708 140 -
France 10,115 8,564 18.11 71 65 9.23

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

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