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Turkey’s billet imports up 100 percent in January-August, including Arab countries

In the January-August period of this year, Turkey’s billet import volume amounted to 2.15 million mt, increasing by 100%, while the value of these imports increased by 203% to $1.38 billion, both year on year.

In the given period, Turkey imported 1.31 million mt of billet and bloom from Russia, up 101.32% year on year, with Russia ranking as Turkey’s leading billet and bloom import source, ahead of Ukraine which supplied 259,493 mt in the given period.

Among the billet exporting countries from the Arab countries, Algeria with an export volume of 184,676 mt was in the third rank, followed by Qatar with a volume of 97,019 mt in the fourth rank, then the Sultanate of Oman with a volume of 92,319 mt in the fifth rank.

 

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Arab Iron and Steel Union ( AISU ) was established in Algeria in 1971 as the first Arab union of Arab countries to be established under the umbrella of the Council of Economic Unity in the League of Arab States.

AISU is a non-governmental organization of a private nature, not of a political or commercial nature.

AISU works in the field of preparing studies, organizing courses and holding periodic conferences for the prosperity of the Arab iron and steel industry. The union includes a wide range of companies with multiple activities related to the iron and steel industry.

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