In December last year, Turkey’s hot rolled coil (HRC) exports amounted to 220,806 metric tons, up by 115.7 percent compared to November and by 26.3 percent year on year, according to the preliminary data provided by the Turkish Statistical Institute (TUIK). Meanwhile, the revenue generated by these exports totaled $125.39 million, increasing by 103.2 percent compared to the previous month and by 10.7 percent year on year.
In 2024, Turkey's HRC exports amounted to 2,315,798 mt, up 85.6 percent, while the value of these exports increased by 69.4 percent to $1.47 billion, both year on year.
In the given year, Turkey’s largest HRC export destination was Italy with 715,058 mt. Italy was followed by Spain with 256,328 mt and Egypt with 244,963 mt.
Turkey’s top 10 HRC export destinations in 2024:
Country |
Amount (mt) |
|
|
|
|
|
|
2024 |
2023 |
Y-o-y change (%) |
December 2024 |
December 2023 |
Y-o-y change (%) |
Italy |
715,058 |
308,013 |
132.2 |
104,173 |
52,733 |
97.5 |
Spain |
256,328 |
95,615 |
168.1 |
7,089 |
9,381 |
-24.4 |
Egypt |
244,963 |
243,644 |
0.5 |
10,950 |
53,739 |
-79.6 |
Algeria |
147,321 |
85,923 |
71.5 |
5,602 |
16,437 |
-65.9 |
Greece |
129,399 |
68,155 |
89.9 |
17,708 |
9,041 |
95.9 |
Portugal |
111,672 |
1,629 |
>1000.0 |
- |
- |
- |
Ukraine |
68,992 |
26,183 |
163.5 |
11,867 |
2,926 |
305.6 |
United Kingdom |
57,928 |
35,009 |
65.5 |
- |
- |
- |
Serbia |
45,371 |
15,189 |
198.7 |
2,329 |
2,187 |
6.5 |
Belgium |
44,284 |
67,322 |
-34.2 |
2,930 |
- |
- |
Turkey's HRC exports share - 2024
