You are here: Home > Steel News > Latest Steel News > Turkey’s...

Turkey’s billet imports down 53 percent in January-April

Friday, 10 June 2022 11:33:27 (GMT+3)   |   Istanbul
       

In April this year, Turkey's billet and bloom import volume increased by 129.6 percent month on month to 201,359 mt, down by 45.0 percent year on year, according to the data provided by the Turkish Statistical Institute (TUIK). The value of these imports totaled $160.22 million, up 133.0 percent month on month and down 27.4 percent year on year.

In the first four months of this year, Turkey's billet import volume amounted to 604,623 mt, decreasing by 53.0 percent, while the value of these imports decreased by 39.2 percent to $445.01 million, both year on year.

In the given period, Turkey imported 285,400 mt of billet and bloom from Russia, down 57.19 percent year on year, with Russia ranking as Turkey's leading billet and bloom import source, ahead of Ukraine which supplied 84,778 mt in the given period.

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

Country

Amount (mt)

 

 

 

 

 

 

January-April 2022

January-April 2021

Y-o-y change (%)

April 2022

April 2021

Y-o-y change (%)

Russia

285,400

666,605

-57.19

116,789

152,568

-23.45

Ukraine

84,778

237,189

-64.26

-

69,211

-

India

49,442

29,954

65.06

29,997

-

-

Oman

45,726

92,319

-50.47

-

54,975

-

Azerbaijan

36,594

28,005

30.67

13,939

5,360

160.06

Algeria

31,560

69,208

-54.40

24,345

60,528

-59.78

Romania

25,274

-

-

-

-

-

Iran

20,668

2,555

708.92

7,180

2,270

216.30

Italy

5,814

7,217

-19.44

635

2,529

-74.89

Pakistan

5,366

-

-

3,866

-

­-

Turkey's main billet and bloom sources on country basis in the January-April period of this year are presented below:


Similar articles

Ex-China billet remains most competitive in Asia, further price drops difficult

26 Nov | Longs and Billet

Chinese domestic steel section prices rebound slightly

25 Nov | Longs and Billet

Danieli to supply bar mill and reheating furnace to India’s SAIL

25 Nov | Steel News

Global View on Billet: Downtrend continues as China’s upturn not sustainable, scrap falls

22 Nov | Longs and Billet

Lower scrap prices put Turkey’s billet imports under pressure after previous deals

21 Nov | Longs and Billet

Chinese billet still most competitive in SE Asia’s import market, outlook cautiously negative

21 Nov | Longs and Billet

Feralpi highlights importance of European steel at EUROFER event in Brussels

20 Nov | Steel News

Ex-India billet prices stable, but sellers halt exports amid wide bid-offer gap

20 Nov | Longs and Billet

Ex-China billet prices hit bottom for now as another stimulus expected, ex-ASEAN deals sporadic

19 Nov | Longs and Billet

Kazakhstan bans semi-finished exports for six months

19 Nov | Steel News