Turkey's HRC import volume down 12.5 percent in H1

Friday, 23 August 2019 14:21:55 (GMT+3)   |   Istanbul
       

According to the data provided by the Turkish Statistical Institute (TUIK), in June this year Turkey's hot rolled coil (HRC) imports decreased by 3.5 percent year on year to 302,578 metric tons, up 7.2 percent compared to May. The revenue from these imports amounted to $164.11 million, up 9.2 percent month on month and decreasing by 18 percent compared to the same month of the previous year.



Meanwhile, in the first six months of this year, Turkey's HRC imports amounted to 1.83 million metric tons, down 12.5 percent year on year, while the revenue generated by these imports totaled $971.95 million, decreasing by 23.3 percent compared to same period of 2018.

In the given period, Russia ranked first among Turkey's HRC import sources, with its HRC exports to Turkey amounting to 750,230 mt, down 22.18 percent year on year, followed by Ukraine which shipped 225,563 mt of HRC to Turkey in the given period.

Turkey's top HRC import sources in the January-June period are as follows:

Country

Amount (mt)

   

 

 

 

 

January- June 2019

January- June 2018

Change (%)

June 2019

June 2018

Change (%)

Russia

750,230

963,999

-22.18

42,908

122,625

-65.01

Ukraine

225,563

278,816

-19.10

52,013

55,526

-6.33

Netherlands

151,252

101,610

48.86

-

3,142

-

France

143,329

174,796

-18

23,665

27,121

-12.74

Brazil

103,229

84,433

22.26

25,341

55,388

-54.25

Germany

102,117

91,978

11.02

73,470

2,460

-

Romania

88,925

29,823

198.18

7,777

4,693

65.71

Italy

71,634

10,258

598.32

22,757

3,021

653.29

UK

51,104

5,018

918.41

-

-

-

Spain

50,215

65,829

-23.72

4,511

7,688

-41.32

Turkey's main HRC import sources in the January-June period are as follows: 


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