Turkiye imported 117.5 thousand tons of steel billets from Ukraine in 2022

In 2022, steel enterprises of Turkiye reduced the import of billets from Ukraine by 66.4% compared to 2021 – to 117.54 thousand tons. Steel Orbis reports about it with the reference to data from the Turkish Statistical Institute (TUIK).

In December 2022, Ukrainian steelmakers did not ship billets to Turkiye, while in December 2021, 25.26 thousand tons of such products were delivered to Turkish customers.

In general, Turkish steelmakers reduced billet imports in 2022 by 11.2% compared to 2021 – to 2.52 million tons. In December, Turkiye imported 266.54 thousand tons of billets, which is 23.2% more than in December 2021 .

The main supplier of billets to Turkiye is Russia. It accounts for 59.6% of the total volume of deliveries. During the year, Turkish steelmakers consumed 1.5 million tons of Russian semi-finished products. This is 4.3% less than a year earlier.

Ukraine ranks third in the supply of billets to Turkey – 4.7% of the total volume. Oman is in the second place with 247.6 thousand tons, or 9.8% of the total.

As GMK Center reported earlier, in 2021, Turkiye imported 350.1 thousand tons of billets from Ukraine. The annual indicator corresponds to imports in 2020. During the year, the Ukrainian billet reached 12% of the total volume of billet imports to Turkey.

Turkiye ranks eighth in the world in terms of steel production. According to World Steel, the country in 2022 reduced steel output by 12.9% compared to 2021 – to 35.1 million tons.

  • Global Market

H2 Green Steel is considering four new major projects

Swedish startup H2 Green Steel has four new large projects that are close to moving…

Sunday May 19, 2024
  • Society

Metinvest will allocate UAH 50 million for the development of Kamianske in 2024-2025

Metinvest Group has signed a Memorandum of Cooperation in Social and Economic Development with the…

Saturday May 18, 2024
  • Industry

Ukraine increased imports of flat products by 32.7% m/m in April

In April 2024, Ukraine increased imports of flat products by 32.7% compared to the previous…

Friday May 17, 2024
  • Companies

Liberty and China’s CISDI finalize plans for EAF in Dunaújváros

Liberty Steel's Hungarian subsidiary, Liberty Dunaújváros, formerly known as Dunaferr, has signed a contract to…

Friday May 17, 2024
  • Global Market

Global iron ore exports increased by 6% y/y in Q1

Global exports of iron ore in January-March 2024 increased by 6% compared to the same…

Friday May 17, 2024
  • Global Market

EU launches trade investigation into Chinese tinplate

The European Commission (EC) has launched an investigation into Chinese tinplate to determine whether imports…

Friday May 17, 2024