Turkish Steel Producers Association announced the data for March. Accordingly, Turkey's billet imports increased in March.
In January 2023, Turkey's billet imports increased by 69% to 341,818 tons compared to the same month of the previous year. In February 2023, Turkey's billet imports increased by 26% y-o-y to 252,614 tons.
In March 2023, Turkey's billet imports increased by a record 294% compared to the same month last year, reaching approximately 381,569 tons.
In March 2022, Turkey's billet imports decreased by 51.6% compared to February 2022 and by 52% compared to January 2022 to 96 thousand 741 tons.
In the first quarter of 2023, Turkey's billet imports increased by 95.8% compared to the same period of the previous year, from 499 thousand tons to 976 thousand tons.
Turkey's billet imports in March 2023 increased by 51% compared to February and by 11.6% compared to January to approximately 381,600 tons. According to the assessments, the largest increase in billet imports in the first quarter of 2023 was realized in March.
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