In October this year, Turkey's total hot rolled coil (HRC) exports increased by 38.1 percent to 260,916 metric tons compared to September and were up 16.6 percent year on year, according to the data provided by the Turkish Statistical Institute (TUIK). These exports had a value of $128.9 million, increasing by 33.7 percent month on month, while declining by 5.4 percent compared to the same month of the previous year.
In the first 10 months of this year, Turkey's HRC exports amounted to 2.62 million mt, down 2.5 percent, while the value of these exports decreased by 17.7 percent to $1.37 billion, both compared to the same period of 2018.
In the first 10 months of the current year, Italy ranked first among Turkey's HRC export destinations, with its HRC imports from Turkey amounting to 866,524 mt, down 16 percent, followed by Spain which received 508,758 mt of HRC from Turkey in the given period, down 9.87 percent year on year.
Turkey's top HRC export destinations in the first 10 months of this year are as follows:
Country |
Amount (mt) |
|
|
|
|
|
|
January-October |
January- October |
Y-o-y change (%) |
October 2019 |
October 2018 |
Y-o-y change (%) |
Italy |
866,524 |
1,032,708 |
-16.09 |
85,043 |
82,950 |
2.52 |
Spain |
508,758 |
564,477 |
-9.87 |
77,034 |
64,502 |
19.43 |
Egypt |
184,619 |
78,539 |
135.07 |
- |
3,024 |
-99.90 |
Portugal |
183,478 |
208,305 |
-11.92 |
33,991 |
31,974 |
6.31 |
Belgium |
127,595 |
161,113 |
-20.80 |
4,636 |
- |
- |
Bulgaria |
108,750 |
55,719 |
95.18 |
14,206 |
2,146 |
561.98 |
Greece |
84,016 |
90,220 |
-6.88 |
14,598 |
6,279 |
132.49 |
Vietnam |
63,822 |
- |
- |
- |
- |
- |
Pakistan |
56,969 |
- |
- |
- |
- |
- |
France |
53,911 |
39,272 |
37.28 |
- |
3,675 |
Turkey's main HRC export destinations in the first ten months of the current year are as follows: