In September this year, Turkey’s hot rolled coil (HRC) imports amounted to 225,205 metric tons, down by 8.0 percent compared to August and by 30.4 percent year on year, according to the preliminary data provided by the Turkish Statistical Institute (TUIK). Meanwhile, the value of these imports totaled $136.56 million, decreasing by 11.3 percent compared to the previous month and down by 35.4 percent year on year.
In the January-September period, Turkey's HRC imports amounted to 2,661,725 mt, down 20.6 percent, while the value of these imports fell by 24.8 percent to $1.73 billion, both year on year.
In the given period, Turkey’s largest HRC import source was China, which supplied 1,373,706 mt. China was followed by Egypt with 418,883 mt and Russia with 268,693 mt.
Turkey’s top 10 HRC import sources in the January-September period this year:
Country |
Amount (mt) |
|
|
|
|
|
|
January-September 2023 |
January-September 2024 |
Y-o-y change (%) |
September 2023 |
September 2024 |
Y-o-y change (%) |
China |
1,258,745 |
1,373,706 |
9.1 |
105,533 |
132,404 |
25.5 |
Egypt |
211,778 |
418,883 |
97.8 |
28,115 |
11,380 |
-59.5 |
Russia |
540,095 |
268,695 |
-50.3 |
9,568 |
48,322 |
405.0 |
South Korea |
202,659 |
226,994 |
12.0 |
24,382 |
14,161 |
-41.9 |
France |
97,538 |
93,793 |
-3.8 |
12,138 |
10,794 |
-11.1 |
Taiwan |
173,912 |
88,730 |
-49.0 |
9,078 |
3,367 |
-62.9 |
Japan |
482,025 |
87,043 |
-81.9 |
88,206 |
6 |
- |
Belgium |
31,886 |
34,003 |
6.6 |
5,405 |
3,308 |
-38.8 |
Brazil |
14,992 |
18,727 |
24.9 |
14,992 |
- |
- |
Vietnam |
49,994 |
17,698 |
-64.6 |
- |
- |
- |
Turkey’s main HRC import sources on country basis in the January-September period this year are presented below:
