Turkey’s HRC import volume down 5.6 percent in January-February

Monday, 12 April 2021 14:40:56 (GMT+3)   |   Istanbul
       

According to the data provided by the Turkish Statistical Institute (TUIK), in February this year Turkey's hot rolled coil (HRC) imports decreased by 4.1 percent year on year to 318,101 metric tons, down 11.3 percent compared to January. The revenue from these imports amounted to $179.89 million, down 9.4 month on month and decreasing by 23.6 percent compared to the same month of the previous year.

Meanwhile, in the first two months of this year, Turkey's HRC imports amounted to 676,784 metric tons, down 5.6 percent year on year, while the revenue generated by these imports totaled $378.35 million, increasing by 21.3 percent compared to the same period of 2020.

In the given period, Russia ranked first among Turkey's HRC import sources, with its HRC exports to Turkey amounting to 290,565 mt, up 16.84 percent year on year, followed by Ukraine which shipped 212,263 mt of HRC to Turkey in the given period.

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

Country

Amount (mt)

 

 

 

 

 

 

January-February 2021

January-February 2020

Change (%)

February 2021

February 2020

Change (%)

Russia

290,565

248,691

16.84

156,427

124,819

25.32

Ukraine

212,263

125,323

69.37

90,013

78,761

14.29

Japan

82,212

39,963

105.72

29,220

20,006

46.06

France

53,692

72,157

-25.59

24,067

33,151

-27.40

Belgium

12,591

23,179

-45.68

6,216

4,312

44.16

Greece

6,553

-

-

3,417

-

-

South Korea

4,592

27,039

-83.02

-

24,789

-

Netherlands

4,117

78,033

-94.72

2,567

1,090

135.50

Romania

3,713

18,038

-79.42

3,023

5,837

-48.21

Spain

2,656

4,585

-42.07

1,379

1,777

-22.40

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


Most Recent Related Articles

Turkey’s billet imports up 117 percent in January-March

Turkey’s Habaş to increase hot rolling capacity through upgrade

TCUD: Turkey’s crude steel output and steel imports continue to rise in March

Turkey’s longitudindally welded tube and profile exports down 14.1 percent in January-February

Turkey's CRC imports down 35.5 percent in January-February