Turkey’s HRC import volume down 13 percent in January-September

Friday, 11 November 2022 12:16:32 (GMT+3)   |   Istanbul
       

According to the data provided by the Turkish Statistical Institute (TUIK), in September this year Turkey's hot rolled coil (HRC) imports decreased by 39.5 percent year on year to 255,602 metric tons, down 19.1 percent compared to August. The revenue from these imports amounted to $190.65 million, down 29.9 percent month on month and decreasing by 55.3 percent compared to the same month of the previous year.

Meanwhile, in the January-September period of this year, Turkey's HRC imports amounted to 3.22 million metric tons, down 13.0 percent year on year, while the revenue generated by these imports totaled $2.85 billion, decreasing by 4.1 percent compared to the same period of 2021.

In the given period, Russia ranked first among Turkey's HRC import sources, with its HRC exports to Turkey amounting to 885,880 mt, down 41.4 percent year on year, followed by India which shipped 537,879 mt of HRC to Turkey in the given period.

Turkey's top HRC import sources in January-September are as follows:

Country

Amount (mt)

 

 

 

 

 

 

January-September 2022

January-September 2021

Change (%)

September 2022

September 2021

Change (%)

Russia

885,880

1,510,641

-41.36

149,194

120,649

23.66

India

537,879

517,697

3.90

-

130,142

-

China

517,485

113,489

355.98

27,660

12,311

124.68

Japan

223,704

337,136

-33.65

-

24,615

-

France

206,366

189,332

9.00

36,750

10,708

243.20

Ukraine

203,791

791,589

-74.26

-

87,562

-

Brazil

178,041

13,704

1199.19

20,494

13,704

49.55

UK

129,667

10,782

1102.62

5,566

-

-

Netherlands

90,120

18,792

379.57

-

-

-

S. Korea

52,358

30,830

69.83

296

6,281

-95.29

Turkey's main HRC import sources in January-September are as follows:


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