You are here: Home > Steel News > Latest Steel News > Turkey’s...

Turkey’s HRC import volume down 22.8 percent in January

Wednesday, 22 March 2023 09:28:20 (GMT+3)   |   Istanbul
       

According to the data provided by the Turkish Statistical Institute (TUIK), in January this year Turkey's hot rolled coil (HRC) imports decreased by 22.8 percent year on year to 319,290 metric tons, up 10.8 percent compared to December. The revenue from these imports amounted to $200.04 million, down 45.4 percent month on month and increasing by 7.7 percent compared to the same month of 2022.


In the given period, Russia ranked first among Turkey's HRC import sources, with its HRC exports to Turkey amounting to 90,395 mt, up 19.2 percent year on year, followed by China which shipped 55,546 mt of HRC to Turkey in the given period.

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

Country

Amount (mt)

 

 

 

January 2022

January 2021

Y-o-y change (%)

Russia

90,395

75,819

19.22

China

55,546

-

-

South Korea

34,248

867

-96.05

Indonesia

29,725

-

-

Japan

24,175

22,275

8.53

Egypt

23,912

-

-

Australia

19,975

698

-97.14

UK

14,535

69,197

-78.99

France

10,804

48,894

-77.90

Taiwan

9,063

-

-

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


Similar articles

Global View on HRC: Most sellers keep prices stable, except Chinese due to futures price slump

12 Jul | Flats and Slab

Chinese domestic PPGI prices move sideways

12 Jul | Flats and Slab

Major steel and raw material futures prices in China – July 12, 2024 

12 Jul | Longs and Billet

US flat steel prices continue long down trend on low demand, reduced July scrap prices

11 Jul | Flats and Slab

Effect of electricity tariff hike on Turkey’s steel production costs to be limited, but still to impact margins

11 Jul | Steel News

Dexin’s entry into HRC market to increase competition in Asia and Europe

11 Jul | Flats and Slab

Flat steel prices in local Taiwanese market - week 28, 2024

11 Jul | Flats and Slab

HRC prices in Europe relatively stable amid slow trade, mills target increases

11 Jul | Flats and Slab

Turkish steel sheet prices soften but no change in demand

11 Jul | Flats and Slab

Major steel and raw material futures prices in China – July 11, 2024 

11 Jul | Longs and Billet