In January this year, Turkey's total hot rolled coil (HRC) imports decreased by 27.6 percent year on year to 309,258 metric tons, up 3.65 percent compared to December, according to the data provided by the Turkish Statistical Institute (TUIK). These imports had a value of $140.7 million, rising by 10 percent month on month and up 8.4 percent year on year.
In the given month, Russia ranked first among Turkey's HRC import sources, with its HRC exports to Turkey amounting to 189,079 mt, up 7.83 percent compared to the corresponding period of the previous year, followed by Brazil which shipped 51,271 mt of HRC to Turkey in the given period.
Turkey's top HRC import sources in January this year are as follows:
Country | Amount (mt) | ||
January 2017 | January 2016 | Y-o-y change (%) | |
Russia | 189,079 | 175,348 | 7.83 |
Brazil | 51,271 | 29,606 | 73.18 |
Ukraine | 21,879 | 26,366 | -17.02 |
Romania | 14,301 | 32,772 | -56.36 |
France | 11,274 | 29,169 | -61.35 |
Slovakia | 8,457 | 921 | 818.24 |
Belgium | 4,476 | 5,303 | -15.59 |
Turkey's main HRC import sources in January are as follows:
