In October this year, Turkey’s billet and bloom import volume declined by 22.5 % month on month to 239,431 mt, down by 227.4 % year on year, according to the data provided by the Turkish Statistical Institute (TUIK).
The value of these imports totaled $136.64 million, up by 17.2 % month on month and by 156.9 % year on year.
In the January-October period of this year, Turkey’s billet import volume amounted to 1.98 million mt, decreasing by 18.0 % , while the value of these imports moved down by 8.6 % to $1.37 billion, both year on year.
In the given period, Turkey imported 1.28 million mt of billet and bloom from Russia, down 9.5 % year on year, with Russia ranking as Turkey’s leading billet and bloom import source, ahead of Oman which supplied 138,140 mt an increase of 49.6%, and Algeria came in sixth rank with 57,694, down -78.2% compared to the same period last year.