Turkey in January-February decreased billet import from Ukraine by 38%

In January-February 2022, Turkey reduced billet import from Ukraine by 38.4% y-o-y to 84.8 thousand tons. It was reported by SteelOrbis citing the Turkish Statistical Institute (TUIK).

In February 2022, Turkey reduced import of Ukrainian products by 72.9% y-o-y to 29.7 thousand tons.

In total, in January-February 2022, Turkey reduced billet imports by 45.7% compared to January-February 2021 – to 315.6 thousand tons.

Turkey’s key billet import source is Russia accounting for 46% of total billet import. For two months, Turkey consumed 145.8 thousand tons of Russian steel products, which is 53.7% less than in January-February 2021.

Second is Ukraine, accounting for 27% of Turkey’s total billet import. Third is Oman – 20.6 thousand tons, or 7% of total billet import.

In 2021, Turkey imported 350.1 thousand tons of billets from Ukraine. It is at the level of 2020. In a year Ukrainian billets account for 12% of total Turkey’s billet imports.

Turkey is the seventh largest steel producer in the world in terms of volumes. According to World Steel data, in 2021 the country increased crude steel production by 13% y-o-y to 40.4 million tons.

  • Companies

Arvedi Group raises €900 million to expand production and decarbonize

Italian steel company Arvedi Group has raised €900 million in financing to implement a large-scale…

Friday June 27, 2025
  • Global Market

Domestic demand for steel in China continues to fall

Domestic demand for steel in China, according to market participants' estimates, continued to fall in…

Friday June 27, 2025
  • Industry

Construction works performed in Ukraine in January-April fell by 13% y/y

The index of construction work performed in Ukraine in January-April 2025 decreased by 13% compared…

Friday June 27, 2025
  • Global Market

Emissions in China’s steel industry sector rose by 17.9% y/y in May

In May 2025, Chinese steel enterprises belonging to the CISA industry association increased their total…

Friday June 27, 2025
  • Industry

The European Commission has adopted a new state aid system for clean industry

On June 25, the European Commission adopted a new state aid system to support the…

Friday June 27, 2025
  • Industry

Ukraine reduced iron ore exports by 13% y/y in January-May

Ukraine's mining industry reduced iron ore exports by 12.8% year-on-year in January-May 2025 compared to…

Friday June 27, 2025