Turkiye has decided to decrease customs duty for billets imported from Azerbaijan from 22.5% to 11.25%. Moreover, the 30% duty for rolled wire and steel rods was revised down to 15%. In January-March, Azerbaijan exported 18,556 tons of steel billets as well as 7170 tons of rolled wire to Turkiye. (Ukrainian metal)
In February, USA imported 75.315 thousand tons of steel billets, down by 5.5% MoM, but up by 7.3% YoY. In monetary terms imports totaled $69.2 million as opposed to $70.4 million in January and $67.1 million in February 2023. Ukraine exported 13.751 thousand tons of billets to the USA, occupying the second place among suppliers.…
In February, Ukraine exported 9.69 thousand tons of steel billets to Turkiye. In February 2023, insignificant volumes were exported (54 tons). In January-February, Ukraine exported 30.68 thousand tons of billets to Turkiye. Ukraine accounted for 7% of Turkiye’s steel billets imports. (Ukrainian metal)
QazSpecSteel plans to invest $587 million in the construction of a plant to produce steel billets with a capacity of 800 thousand tons in Aktobe. Last week, the regional authorities signed a memorandum of understanding with the company. The timeframe of the construction has not been revealed. When the design capacity is reached, the plant…
In January-March, Turkey decreased imports of Ukrainian billets by 49.5% YoY, to 84.8 thousand tons. In March, billet exports to Turkey stopped because of the Russian invasion and blockade of ports. Exports totaled 30.4 thousand tons. Ukraine accounts for 21% of Turkey’s billet imports. (Ukrainian metal)
In January-May, Ukraine exported 259.5 thousand tons of billets to Turkey, up by 28% YoY. In May, exports dropped by 10.5%, to 22.3 thousand tons. At the same time, Russia is the biggest supplier of billets to Turkey, accounting for 56%. (Ukrainian metal)
In July Russia exported 1.33 million tons of billets, down from 1.36 million tons in June. In June exports dropped by 1% MoM. At the same time July exports grew by 21% YoY (from 1.1 million tons). In January-July billet exports increased by 14.59% YoY, to 9.5 million tons. Taiwan imported 27.06% (0.36 million tons)…
