According to Turkey’s Ministry of Economy, while the import duty for hot rolled coil (HRC) has remained the same as of January 1, 2018, the five percent import duty collected from rolling mills for HRC imports has been reduced to 3.5 percent.
In the January-October period of 2017, Turkey imported 3.5 million mt of HRC, while the country’s HRC imports amounted to 3.63 million mt in 2016.
After graduating from Boğaziçi University with a degree in English Language and Literature, I have spent the past 15 years developing deep expertise in the steel industry. At SteelOrbis, I serve as Head of Content Department. I write and edit comprehensive news and reports on steel markets, with a primary focus on the Turkish market as well as global market dynamics.
Hot Rolled Coil
Hot Rolled Coil
Hot Rolled Coil