In November last year, Turkey’s hot rolled coil (HRC) imports amounted to 366,419 metric tons, up by 32.9 percent compared to October and by 30.3 percent year on year, according to the preliminary data provided by the Turkish Statistical Institute (TUIK). Meanwhile, the value of these imports totaled $204.22 million, increasing by 23.4 percent compared to the previous month and by 12.1 percent year on year.
In the January-November period, Turkey's HRC imports amounted to 3,303,787 mt, down 16.0 percent, while the value of these imports fell by 21.6 percent to $2.09 billion, both year on year.
In the given period, Turkey’s largest HRC import source was China, which supplied 1,606,103 mt, up 9.2 percent year on year. China was followed by Egypt with 567,950 mt and Russia with 437,401 mt.
Turkey’s top 10 HRC import sources in the January-November period last year:
Country |
Amount (mt) |
|
|
|
|
|
|
January-November 2023 |
January-November 2024 |
Y-o-y change (%) |
November 2023 |
November 2024 |
Y-o-y change (%) |
China |
1,470,738 |
1,606,103 |
9.2 |
142,236 |
99,779 |
-29.8 |
Egypt |
226,878 |
567,950 |
150.3 |
- |
98,598 |
- |
Russia |
597,440 |
437,401 |
-26.8 |
15,144 |
130,787 |
763.6 |
South Korea |
309,016 |
259,635 |
-16.0 |
48,161 |
21,760 |
-54.8 |
Taiwan |
173,912 |
118,583 |
-31.8 |
- |
- |
- |
France |
125,860 |
114,459 |
-9.1 |
16,245 |
9,577 |
-41.0 |
Japan |
601,844 |
87,043 |
-85.5 |
29,471 |
- |
- |
Belgium |
39,752 |
38,755 |
-2.5 |
4,288 |
2,326 |
-45.8 |
Brazil |
14,992 |
18,727 |
24.9 |
- |
- |
- |
Vietnam |
49,994 |
17,698 |
-64.6 |
- |
- |
- |
Turkey’s main HRC import sources on country basis in the January-November period last year are presented below:
