In April this year, Turkey’s billet and bloom imports amounted to 279,999 metric tons, down by 13.3 percent compared to March and by 35.5 percent year on year, according to the preliminary data provided by the Turkish Statistical Institute (TUIK). Meanwhile, the revenue generated by these imports totaled $155.36 million, decreasing by 15.3 percent compared to the previous month and by 41.2 percent year on year.
In the January-April period, Turkey's billet and bloom imports amounted to one million mt, down 27.6 percent, while the value of these imports decreased by 29.1 percent to $577.43 million, both year on year.
In the given period, Turkey’s largest billet and bloom import source was Russia, which sold 205,617 mt. Russia was followed by Algeria with 163,061 mt and Saudi Arabia with 155,165 mt.
Turkey’s top 10 billet and bloom import sources in the January-April period this year:
|
Country |
Amount (mt) |
|
|
|
|
|
|
|
January-April 2023 |
January-April 2024 |
Y-o-y change (%) |
April 2023 |
April 2024 |
Y-o-y change (%) |
|
Russia |
587,631 |
205,617 |
-65.0 |
224,227 |
11,535 |
-94.9 |
|
Algeria |
292,556 |
163,061 |
-44.3 |
69,744 |
37,998 |
-45.5 |
|
Indonesia |
- |
155,165 |
- |
- |
51,806 |
- |
|
Saudi Arabia |
- |
106,319 |
- |
- |
- |
- |
|
Malaysia |
56,957 |
80,539 |
41.4 |
28,466 |
42,049 |
47.7 |
|
Iran |
57,711 |
36,220 |
-37.2 |
14,532 |
10,845 |
-25.4 |
|
Ukraine |
14,624 |
30,678 |
109.8 |
14,624 |
- |
- |
|
India |
57,643 |
29,999 |
-48.0 |
29,875 |
29,999 |
0.4 |
|
Azerbaijan |
42,152 |
29,900 |
-29.1 |
17,207 |
11,344 |
-34.1 |
|
Pakistan |
21,993 |
29,493 |
34.1 |
6,367 |
10,904 |
71.3 |
Turkey’s main billet and bloom import sources on country basis in the January-April period this year are presented below:
