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 |
Jan- May |
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:
