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Turkey’s billet imports up 117 percent in January-March, including two Arab countries

Steel News

Turkey’s billet imports up 117 percent in January-March, including two Arab countries

 

 

 

In March this year, Turkey’s billet and bloom import volume decreased by 16.8 percent month on month to 339,166 mt, up by 163.3 percent year on year, according to the data provided by the Turkish Statistical Institute (TUIK).

 

 

The value of these imports totaled $199.02 million, decreasing by 9.7 percent month on month and up by 246.0 percent year on year.

 

 

In the January-March period of this year, Turkey’s billet import volume amounted to 920,710 mt, increasing by 117.0 percent, while the value of these imports increased by 173.8 percent to $511.95 million, both year on year.

 

 

In the given period, Turkey imported 514,030 mt of billet and bloom from Russia, up 114.21 percent year on year, with Russia ranking as Turkey’s leading billet and bloom import source, ahead of Ukraine which supplied 167,978 mt in the given period.

 

 

Two Arab countries come from among the countries exporting billet to Turkey, Qatar which supplied 97,019 mt , and Oman, 37,344 mt in the given period.