In September this year, Turkey's total hot rolled coil (HRC) exports increased by 35.2 percent year on year to 198,794 metric tons, according to the data provided by the Turkish Statistical Institute (TUIK). These exports had a value of $86.36 million, up 48.8 percent compared to the same month of the previous year.
In the first nine months of this year, Turkey's HRC exports amounted to 1.2 million mt, up 13.45 percent, while the value of these exports decreased by 3.1 percent to $458 million, both compared to the same period of 2015.
In the first nine months of the current year, Italy ranked first among Turkey's HRC export destinations, with its HRC imports from Turkey amounting to 186,362 mt, followed by Spain which received 183,610 mt of HRC from Turkey in the given period.
Turkey's top HRC export destinations in the first nine months of this year are as follows:
Country | Amount (mt) | |||||
Jan-Sept 2016 | Jan-Sept 2015 | Y-o-y change (%) | September 2016 | September 2015 | Y-o-y change (%) | |
Italy | 186,362 | 214,836 | -13.25 | 22,561 | 27,345 | -17.49 |
Spain | 183,610 | 98,285 | 86.81 | 57,390 | 22,813 | 151.57 |
USA | 175,378 | 203,233 | -13.71 | 23,375 | 2,898 | 706.59 |
Egypt | 130,601 | 17,285 | 655.57 | - | 3,590 | - |
Greece | 71,381 | 30,686 | 132.62 | 7,928 | 10,404 | -23.80 |
Romania | 52,527 | 57,550 | -8.73 | 6,776 | 7,793 | -13.05 |
Portugal | 52,440 | 55,625 | -5.73 | 32,160 | 7,061 | 355.46 |
Turkey's main HRC export destinations in the first nine months of this year are as follows:
