In June this year, Turkey's billet and bloom import volume increased by 56.4 percent year on year to 522,673 mt, up 13.8 percent compared to the previous month, according to the data provided by the Turkish Statistical Institute (TUIK). The value of these imports totaled $190.95 million, up 45 percent year on year and rising by 27 percent compared to the previous month.
In the January-June period this year, Turkey's billet and bloom import volume increased by 23.8 percent year on year to 2.7 million mt, while the value of these imports totaled $836 million, down 7.8 percent year on year.
In the first six months of this year, Turkey imported 919,649 mt of billet and bloom from Russia, up 7.64 percent year on year, with Russia ranking as Turkey's leading billet and bloom import source, ahead of China which supplied 789,574 mt in the given period.
Turkey's top billet and bloom import sources in the first six months of the current year are as follows:
Country | Amount (mt) | |||||
Jan-Jun 2016 | Jan-Jun 2015 | Y-o-y change (%) | June 2016 | June 2015 | Y-o-y change (%) | |
Russia | 919,649 | 854,347 | 7.64 | 172,169 | 103,040 | 67.09 |
China | 789,574 | 110,010 | 617.73 | 122,871 | - | - |
Ukraine | 788,523 | 941,516 | -16.25 | 161,857 | 191,304 | -15.39 |
Spain | 37,917 | 33 | - | 14,993 | - | - |
UAE | 30,401 | - | - | 30,374 | - | - |
Brazil | 30,344 | 482 | - | 75 | - | - |
Iran | 28,815 | 10,130 | 184.45 | 8,020 | 10,130 | -20.83 |
Kazakhstan | 21,025 | - | - | - | - | - |
Turkey's main billet and bloom sources on country basis in the January-June period this year are presented below:
