In December of last year, Turkey’s import volume of billet slabs decreased by 2.0% compared to November 2022 to reach 266,540 tonnes, up 23.2% year on year, according to data from the Turkish Statistical Institute (TUIK).
The total value of these imports amounted to $154.4 million, down by 1.8% monthly and up by 3.0% annually.
In 2022, Turkey’s imports of billets volume amounted to 2.52 million tonnes, down by 11.2%, while the value of these imports decreased by 5.6% to reach $1.69 billion annually.
In 2022, Russia topped the countries exporting billets and slabs with a volume of 1.5 million tonnes, with a decrease of 4.35%, followed by the Sultanate of Oman with a volume of 247,560 tonnes. Algeria ranked fifth with a volume of 111,351 tonnes, and Kuwait ranked ninth with a volume of 45,128 tonnes. Bahrain ranked tenth with a volume of 31,387 tonnes.