Turkey’s HRC exports rise 25.4 percent in January-May

Friday, 12 July 2019 17:28:40 (GMT+3)   |   Istanbul
       

In May this year, Turkey's total hot rolled coil (HRC) exports decreased by 8.8 percent to 272,305 metric tons, compared to April and were down 17.9 percent year on year, according to the data provided by the Turkish Statistical Institute (TUIK). These exports had a value of $147.30 million, decreasing by 3.1 percent month on month, while declining by 31.8 percent compared to the same month of the previous year. 

In the first five months of this year, Turkey's HRC exports amounted to 1.54 million mt, up 25.4 percent, while the value of these exports increased by 7.7 percent to $816.1 million, both compared to the same period of 2018.
 
In the first five months of the current year, Italy ranked first among Turkey's HRC export destinations, with its HRC imports from Turkey amounting to 574,860 mt, up 9.81 percent, followed by Spain which received 266,166 mt of HRC from Turkey in the given period, down 9.05 percent year on year.
 
Turkey's top HRC export destinations in the first five months of this year are as follows:

Country

Amount (mt)

 

 

 

 

 

 

Jan-May
2019

Jan- May
2018

Y-o-y change (%)

May 2019

May 2018

Y-o-y change (%)

Italy

574,860

523,488

9.81

90,373

149,702

-39.63

Spain

266,166

292,651

-9.05

48,592

96,613

-49.70

Belgium

99,242

90,520

9.64

23,951

29,524

-18.88

Portugal

90,090

78,672

14.51

21,966

22,094

-0.58

Bulgaria

76,755

10,548

627.67

-

112

-

Egypt

67,736

17,213

293.52

20,294

-

-

Greece

45,741

50,618

-9.63

-

9,956

-

Poland

43,599

78,672

-44.58

5,518

-

-

UK

36,826

5,040

-

25

-

-


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


 


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