Politics

Turkey’s billet imports down 45.7 percent in Jan-Feb


In February this year, Turkey’s billet and bloom import volume decreased by 6 percent month on month to 152,942 mt, down by 62.5 percent year on year, according to the data provided by the Turkish Statistical Institute (TUIK). The value of these imports totaled $104.61 million, down 6.1 percent month on month and down 52.7 percent year on year.

In the first two months of this year, Turkey’s billet import volume amounted to 315,565 mt, decreasing by 45.7 percent, while the value of these imports decreased by 31 percent to $216.03 million, both year on year.

In the given period, Turkey imported 145,844 mt of billet and bloom from Russia, down 53.71 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-February are as follows:

Country

Amount (mt)

 

 

 

 

 

 

Jan-Feb 2022

Jan-Feb 2021

Y-o-y change (%)

February 2022

February 2021

Y-o-y change (%)

Russia

145,844

315,097

-53.71

77,200

190,746

-59.53

Ukraine

84,778

137,567

-38.37

29,719

109,760

-72.92

Oman

20,612

37,343

-44.80

20,561

37,343

-44.94

India

19,444

Romania

13,172

1

8,573

1

Azerbaijan

8,891

14,032

-36.64

6,285

7,434

-15.46

Algeria

7,215

Iran

6,979

284

4,211

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



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