Turkey’s HRC imports up 4.1 percent in January-September

Monday, 20 November 2023 12:08:03 (GMT+3)   |   Istanbul
       

In September this year, Turkey’s hot rolled coil (HRC) imports amounted to 323,707 metric tons, up by 1.7 percent compared to the previous month and by 26.6 percent year on year, according to the preliminary data provided by the Turkish Statistical Institute (TUIK). Meanwhile, the revenue of these imports totaled $211.54 million, declining by 1.9 percent compared to August and rising by 11.0 percent year on year.

Meanwhile, in the January-September period of this year, Turkey’s HRC imports amounted to 3.35 million mt, up by 4.1 percent compared to the same period of last year, while the revenue of these imports totaled $2.30 billion, decreasing by 19.6 percent year on year.

In the given period, Turkey’s largest hot rolled coil import source was China which shipped 1,258,745 mt to Turkey, up 143.2 percent year on year. China was followed by Russia with 540,095 mt, down 39.0 percent, and Japan with 482,025 mt, up 115.5 percent, both on year-on-year basis.


Similar articles

US HRC prices expected to rise into 2024

01 Dec | Flats and Slab

Global View on HRC: Most global sellers still optimistic, some turbulence in China amid futures slump

01 Dec | Flats and Slab

Turkish domestic flats prices rise significantly

01 Dec | Flats and Slab

Vietnam’s Hoa Phat raises local HRC prices amid import hikes, Chinese sellers still most competitive

01 Dec | Flats and Slab

Chinese domestic PPGI prices move sideways

01 Dec | Flats and Slab

Major steel and raw material futures prices in China - December 1, 2023

01 Dec | Longs and Billet

HRC prices remain strong in EU amid improved restocking, more hikes expected before 2024

30 Nov | Flats and Slab

Vietnam’s HRC import prices fluctuate with limited downward bias in ex-China deals

30 Nov | Flats and Slab

Romania’s flat steel prices stable ahead of holiday season

30 Nov | Flats and Slab

Ex-China HDG prices mainly stable, some rises still seen from traders

30 Nov | Flats and Slab