In June this year, Turkey’s billet and bloom import volume declined by 14.2% month on month and by 19.2% year on year to 266,007 mt, according to the data provided by the Turkish Statistical Institute (TUIK).
The value of these imports totaled $167.73 million, down by 15.3% month on month and by 30.7% year on year.
In the first six months of this year, Turkey’s billet import volume amounted to 1.96 million mt, growing by 65.2%, while the value of these imports moved up by 33.2% to $1.18 billion, both year on year.
Algeria tops the Arab countries exporting billet to Turkey
In the given period, Turkey imported 940,368 mt of billet and bloom from Russia, up 28.4% year on year, while Algeria supplied 364,084 mt in the given period an increase of 531% compared to the same period last year, and Oman came in third place with a volume of 170,363 mt, an increase of 84.1 %.