Turkey’s HRC imports decrease by 2.1 percent in January-April

Tuesday, 13 June 2023 12:03:05 (GMT+3)   |   Istanbul
       

In April this year, Turkey's hot rolled coil (HRC) imports amounted to 342,279 metric tons, down 9.6 percent compared to March and up 8.5 percent year on year, according to the preliminary data provided by the Turkish Statistical Institute (TUIK). Meanwhile, the revenue of these imports totaled $241.92 million, increasing by 0.2 percent compared to March and dropping by 11.7 percent year on year.

Meanwhile, in the January-April period of this year, Turkey’s HRC imports amounted to 1.38 million mt, down 2.1 percent compared to the same period of last year, while the revenue of these imports totaled $898.41 million, decreasing by 26.6 percent year on year.

Turkey’s top HRC import sources in the January-April period are as follows:

Country

Amount (mt)

 

 

 

 

 

 

January-April 2023

January-April 2022

Change (%)

April 2023

April 2022

Change (%)

Russia

381,866

178,099

+114.4

98,433

27,107

+263.1

China

247,494

-

-

89,141

-

-

Japan

169,252

111,600

+8.9

20,439

56,287

-63.7

Taiwan

121,513

-

-

57,665

-

-

Indonesia

98,276

-

-

-

6,035

-

South Korea

82,240

11,551

+612.0

4,990

5,695

-12.4

Egypt

60,967

-

-

7,119

-

-

Vietnam

49,993

-

-

19,529

-

-

UK

45,107

122,119

-63.1

905

1,180

-23.3

France

41,177

108,705

-61.1

13,213

17,767

-25.6

Turkey’s main HRC import sources in the January-April period are as follows:


Similar articles

US flat steel steady to lower on scant demand, flat to lower early June scrap call

17 May | Flats and Slab

Global View on HRC: Most suppliers still keep prices stable though trade remains slow

17 May | Flats and Slab

Romania’s flat steel market stable despite weaker trade

17 May | Flats and Slab

EU’s wire rod and HS import quotas for Turkey exhausted

17 May | Steel News

Major steel and raw material futures prices in China - May 16, 2024

17 May | Longs and Billet

European HRC mills refuse to cut prices despite weak demand

16 May | Flats and Slab

Flat steel prices in local Taiwanese market - week 20, 2024

16 May | Flats and Slab

Turkey's flats spot prices stable, demand still insufficient

16 May | Flats and Slab

Major steel and raw material futures prices in China - May 16, 2024

16 May | Longs and Billet

Import HRC finds no buyer in Turkey amid weak demand, cautious buyers

16 May | Flats and Slab