[SMM Iron & Steel] Turkey’s Billet Imports Surge 53.9% in Jan-Apr 2026 Driven by Russian and Chinese Supply

Published: Jun 9, 2026 17:53

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Turkey's billet and bloom imports reached 1.68 million metric tons (mt) in the January-April 2026 period, representing a massive 53.9% year-on-year surge, with total import value up 47.4% to $825.29 million. Russia emerged as the top supplier with 474,046 mt (up 128.7% year-on-year), followed by China with 378,552 mt (up 269.7%), displacing Malaysia which fell 47.7% to 190,615 mt. Despite a 27.3% month-on-month drop in April to 402,539 mt, the robust cumulative volume highlights that elevated domestic scrap prices have driven Turkish buyers to aggressively restock imported semis. The structural pivot towards competitively priced Russian and Chinese billets continues to reshape local cost margins, directly impacting Turkey's rebar export competitiveness.

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