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