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Turkey’s billet imports declined from January to May, while Vietnam and Libya saw their shares increase.

Category: Blog

Time:2026-07-14

Turkey’s billet imports declined from January to May, while Vietnam and Libya saw their shares increase. According to preliminary data released by the Turkish Statistical Institute, Turkey’s billet imports totaled 370,090 tonnes in May this year, up 31.8% month-on-month but down 7.3% year-on-year. The value of these imports reached US$180.22 million, a 35.6% increase from the previous month and a 9.8% decrease compared with the same period last year. From January to May, Turkey’s billet imports amounted to 1.27 million tonnes, down 22.3% year-on-year, while the import value stood at US$600.28 million, a 25.3% decline over the same period last year.

Turkey’s billet imports declined from January to May, while Vietnam and Libya saw their shares increase.

　　According to preliminary data released by the Turkish Statistical Institute, Turkey’s billet imports in May this year totaled 370,090 tonnes, up 31.8% month-on-month and down 7.3% year-on-year. The value of these imports reached US$180.22 million, up 35.6% month-on-month and down 9.8% year-on-year.
　　From January to May, Turkey’s imports of slab totaled 1.27 million tonnes, down 22.3% year on year; the import value amounted to US$600.28 million, a decrease of 25.3% compared with the same period last year.
　　From January to May 2025, Russia, Malaysia, Algeria, Vietnam, and India were Turkey’s main sources of slab imports. In the same period of 2026, the top three remained unchanged, yet purchases from these major suppliers declined markedly. Russia retained its position as the largest supplier with 698,059 tonnes, despite a year-on-year drop of 23.7%; imports from Malaysia fell by 50% to 204,344 tonnes; and those from Algeria decreased by 23.3% to 169,224 tonnes. By contrast, imports from Vietnam surged by 99.9% to 100,450 tonnes, while Libya— which had recorded no imports during the same period last year—entered the rankings with 65,242 tonnes. Notably, imports from India were absent this year. Overall, Turkey’s total slab imports declined by 22.3% year on year, primarily due to reduced purchases from its major suppliers, with increases from sources such as Vietnam and Libya proving insufficient to offset this decline.

Keywords: Turkey’s billet imports declined from January to May, while Vietnam and Libya saw their shares increase.

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Turkey’s billet imports declined from January to May, while Vietnam and Libya saw their shares increase.

Turkey’s billet imports declined from January to May, while Vietnam and Libya saw their shares increase.

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