Turkey’s steel billet exports and imports increased by 36pc and 15pc, respectively, in January on an annual basis, according to statistical source SteelData.
Turkish producers exported 81,500mt of semis in January versus 60,000mt in the same month of 2020 amid better demand at foreign outlets. Billet shipments to Tunisia rose by 63pc to 29,000mt during the period under review but dropped by 33pc to 24,000mt to Morocco. Turkish companies supplied 9,500mt of semis to El Salvador and 7,000mt of billet to Guatemala, while there were no shipments to these countries at the beginning of 2020.
Turkey’s billet imports totaled 203,000mt in January compared to 177,000mt in the same month of 2020, according to SteelData. The supply of semis from Russia and Ukraine increased by 3pc and by 32pc to 129,000mt and 51,000mt, respectively. Besides, Turkey imported 7,000mt of billet from Azerbaijan during the period under review, 6,000mt of semis from Albania, and 4,000mt from Georgia.