In February this year, Turkey's total hot rolled coil (HRC) exports decreased by 43.8 percent to 76,160 metric tons compared to January and were up 29.2 percent year on year, according to the data provided by the Turkish Statistical Institute (TUIK). These exports had a value of $67.84 million, down 44.2 percent month on month, while increasing by 75.7 percent compared to the same month of 2021.
In the January-February period of this year, Turkey's HRC exports amounted to 211,757 mt, up 26.2 percent, while the value of these exports increased by 94 percent to $189.38 million, both compared to the same period of 2021.
In the first two months of this year, Egypt ranked first among Turkey's HRC export destinations, with its HRC imports from Turkey amounting to 106,514 mt, followed by Italy which received 26,066 mt of HRC from Turkey in the given period.
Turkey's top HRC export destinations in January-February are as follows:
Country |
Amount (mt) |
|
|
|
|
|
|
January-February 2022 |
January-February 2021 |
Y-o-y change (%) |
February 2022 |
February 2021 |
Y-o-y change (%) |
Egypt |
106,514 |
- |
- |
27,752 |
- |
- |
Italy |
26,066 |
25,260 |
3.19 |
13,328 |
4,806 |
177.32 |
Greece |
13,946 |
9,795 |
42.38 |
10,930 |
6,651 |
64.34 |
Algeria |
9,941 |
17,737 |
-43.95 |
- |
14,884 |
- |
UK |
8,422 |
- |
- |
2,106 |
- |
- |
Tunisia |
8,120 |
26,463 |
-69.32 |
5,058 |
21,310 |
-76.26 |
Albania |
6,953 |
4,349 |
59.88 |
4,593 |
4,349 |
5.61 |
Iraq |
6,814 |
3,346 |
103.65 |
2,376 |
699 |
239.91 |
Lebanon |
5,240 |
- |
- |
1,516 |
- |
- |
Libya |
3,801 |
- |
- |
3,656 |
- |
- |
