Turkey’s HRC exports down 2.1 percent in January-July

Wednesday, 25 September 2019 15:37:47 (GMT+3)   |   Istanbul
       

In July this year, Turkey's total hot rolled coil (HRC) exports increased by 40.7 percent to 242,636 metric tons, compared to June and were down 38.8 percent year on year, according to the data provided by the Turkish Statistical Institute (TUIK). These exports had a value of $123.54 million, increasing by 35.1 percent month on month, while declining by 49.4 percent compared to the same month of the previous year. 

In the first seven months of this year, Turkey's HRC exports amounted to 1.95 million mt, down 2.1 percent, while the value of these exports decreased by 16.9 percent to $1.03 billion, both compared to the same period of 2018.
 
In the first seven months of the current year, Italy ranked first among Turkey's HRC export destinations, with its HRC imports from Turkey amounting to 674,860 mt, down 16.52 percent, followed by Spain which received 327,926 mt of HRC from Turkey in the given period, down 23.09 percent year on year.
 
Turkey's top HRC export destinations in the first seven months of this year are as follows:

Country

Amount (mt)

 

 

 

 

 

 

January-July
2019

January-July
2018

Y-o-y change (%)

July 2019

July 2018

Y-o-y change (%)

Italy

674,860

808,457

-16.52

51,203

137,388

-62.73

Spain

327,926

426,367

-23.09

29,942

44,707

-33.03

Egypt

137,743

35,085

292.60

31,025

13,906

123.11

Portugal

134,829

119,689

12.65

32,044

14,571

119.92

Belgium

102,112

139,430

-26.76

2,869

27,794

-89.68

Bulgaria

76,755

18,201

321.71

-

4,905

-

Vietnam

63,776

-

-

29,941

-

-

Greece

58,145

67,993

-14.48

12,403

6,020

106.03

Pakistan

56,969

-

-

23,712

-

-

Turkey's main HRC export destinations in the first seven months of the current year are as follows:


 


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