In August this year, Turkey's total hot rolled coil (HRC) exports increased by 32.9 percent to 256,065 metric tons compared to July and were up 16.4 percent year on year, according to the data provided by the Turkish Statistical Institute (TUIK). These exports had a value of $262.39 million, up 48.9 percent month on month, while increasing by 176.5 percent compared to the same month of 2020.
In the January-August period of this year, Turkey's HRC exports amounted to 1.43 million mt, down 20.7 percent, while the value of these exports increased by 42.1 percent to $1.17 billion, both compared to the same period of 2020.
In the first eight months of this year, Italy ranked first among Turkey's HRC export destinations, with its HRC imports from Turkey amounting to 386,629 mt, down 39.66 percent, followed by the US which received 228,956 mt of HRC from Turkey in the given period.
Turkey's top HRC export destinations in January-August are as follows:
Country |
Amount (mt) |
|
|
|
|
|
|
January-August 2021 |
January- August 2020 |
Y-o-y change (%) |
August 2021 |
August 2020 |
Y-o-y change (%) |
Italy |
386,629 |
640,802 |
-39.66 |
57,319 |
62,219 |
-7.88 |
USA |
228,956 |
8,174 |
- |
62,482 |
- |
- |
Spain |
221,872 |
290,308 |
-23.57 |
48,126 |
36,637 |
31.36 |
Belgium |
67,206 |
67,175 |
0.05 |
18,421 |
- |
- |
Greece |
62,834 |
65,547 |
-4.14 |
3,977 |
- |
- |
Portugal |
58,922 |
64,712 |
-8.95 |
44 |
- |
-99.07 |
Tunisia |
50,731 |
16,576 |
206.05 |
1,016 |
3,311 |
-69.31 |
Canada |
45,964 |
- |
- |
21,453 |
- |
- |
South Africa |
45,067 |
39,462 |
14.2 |
190 |
39,462 |
-99.52 |
Egypt |
42,930 |
315,254 |
-86.38 |
14,974 |
10,686 |
40.13 |
Turkey's main HRC export destinations in January-August are as follows:
