Home > Steel News > Latest Steel News > Turkey’s billet imports up...

Turkey’s billet imports up by 13.5 percent in January-November

Friday, 10 January 2025 13:29:31 (GMT+3)   |   Istanbul

In November last year, Turkey’s billet and bloom imports amounted to 474,977 metric tons, down by 24.4 percent compared to October and up by 100.8 percent year on year, according to the preliminary data provided by the Turkish Statistical Institute (TUIK). Meanwhile, the revenue generated by these imports totaled $244.84 million, decreasing by 26.7 percent compared to the previous month and up by 101.9 percent year on year.

In the January-November period, Turkey's billet and bloom imports amounted to 3,278,732 mt, up 13.5 percent, while the value of these imports increased by 6.1 percent to $1.80 billion, both year on year.

In the given period, Turkey’s largest billet and bloom import source was Russia, which supplied 638,550 mt. Russia was followed by Malaysia with 605,730 mt and China with 397,540 mt.

Turkey’s top 10 billet and bloom import sources in the January-November period last year:

Country

Amount (mt)

 

 

 

 

 

 

January-November 2023

January-November 2024

Y-o-y change (%)

November 2023

November 2024

Y-o-y change (%)

Russia

1,308,246

638,550

-51.2

90,814

97,254

7.1

Malaysia

163,391

605,730

270.7

-

73,923

-

China

22,845

397,540

>1000.0

-

141,223

-

Indonesia

-

383,012

-

-

53,353

-

Algeria

518,886

233,700

-55.0

76,076

-

-

Ukraine

67,134

194,191

189.3

9,708

17,195

77.1

Vietnam

-

132,709

-

-

41,644

-

Saudi Arabia

-

106,319

-

-

-

-

Iran

127,131

88,168

-30.6

14,946

11,628

-22.2

Pakistan

43,912

80,900

84.2

5,582

8,005

43.4

Turkey’s main billet and bloom import sources on country basis in the January-November period last year are presented below:


Similar articles

Global View on Billet: Prices rise gradually everywhere, though demand reduced

05 Dec | Longs and Billet

Local Turkish billet prices follow higher rebar prices, import interest temporarily low

05 Dec | Longs and Billet

India’s SAIL partners with Primetals for hydrogen injection system at Bokaro

05 Dec | Steel News

Sanctioned suppliers sell billet in Southeast Asia as ex-China offers too high

05 Dec | Longs and Billet

Fives replaces Spanish steelmaker’s reheating furnace

05 Dec | Steel News

SE Asia’s import billet market slowly adjusts to higher prices

04 Dec | Longs and Billet

Ex-India billet prices nudged up, sellers prefer to avail of local market conditions

03 Dec | Longs and Billet

Ex-Asia billet offers increase further, trading slows after last week’s deals

02 Dec | Longs and Billet

TCUD: Turkey’s steel imports fall in October 2025, exports keep rising

28 Nov | Steel News

Global View on Billet: Trading improves with firm pricing seen in major outlets

28 Nov | Longs and Billet