In December last year, Turkey's total hot rolled coil (HRC) exports increased by 46.6 percent to 223,299 metric tons compared to November and were down 2.8 percent year on year, according to the data provided by the Turkish Statistical Institute (TUIK). These exports had a value of $120.10 million, up 57.9 percent month on month, while increasing by 20.1 percent compared to the same month of 2019.
In 2020, Turkey's HRC exports amounted to 2.59 million mt, down 15.6 percent, while the value of these exports decreased by 23.0 percent to $1.21 billion, both compared to 2019.
In 2020, Italy ranked first among Turkey's HRC export destinations, with its HRC imports from Turkey amounting to 897,996 mt, down 13.53 percent, followed by Egypt which received 357,345 mt of HRC from Turkey in 2020.
Turkey's top HRC export destinations in 2020 are as follows:
Country |
Amount (mt) |
|
|
|
|
|
|
2020 |
2019 |
Y-o-y change (%) |
December 2020 |
December 2019 |
Y-o-y change (%) |
Italy |
897,996 |
1,038,462 |
-13.53 |
71,295 |
66,917 |
6.54 |
Egypt |
357,345 |
277,929 |
28.57 |
18,765 |
53,340 |
-64.82 |
Spain |
323,605 |
590,059 |
-45.16 |
10,413 |
69,767 |
-85.07 |
Bulgaria |
152,409 |
125,174 |
21.76 |
2,048 |
- |
- |
Pakistan |
115,624 |
57,077 |
102.58 |
- |
108 |
- |
Portugal |
106,234 |
194,217 |
-45.30 |
39,735 |
6,330 |
527.73 |
South Africa |
95,288 |
15,059 |
532.76 |
37,084 |
4,385 |
745.70 |
China |
92,007 |
- |
- |
- |
- |
- |
Greece |
86,164 |
103,980 |
-17.13 |
7,089 |
6,822 |
3.91 |
Belgium |
72,490 |
127,594 |
-43.19 |
5,315 |
- |
- |
Turkey's main HRC export destinations in 2020 are as follows: