Turkey’s billet imports up 92.3% in January-November

In November last year, Turkey’s billet and bloom import volume increased by 177.8% month on month to 203,094 mt, up by 152.2% year on year, according to the data provided by the Turkish Statistical Institute (TUIK).

The value of these imports totaled $137.3 million, increasing by 158.2% month on month and up by 252.1% year on year.

In the January-November period of last year, Turkey’s billet import volume amounted to 2.62 million mt, increasing by 92.3%, while the value of these imports increased by 179.2% to $1.64 billion, both year on year.

In the given period, Russia ranking as Turkey’s leading of imports with 1.51 million mt of billet and bloom, up 67.2% on year on year, followed by Algeria with 352,165 mt , Qatar came in fourth place with 97,019 mt , followed by Oman with 92,319 mt in the given period.