Turkey’s HRC import volume down 8.5 percent in January-July

Thursday, 10 September 2020 16:37:19 (GMT+3)   |   Istanbul
       

According to the data provided by the Turkish Statistical Institute (TUIK), in July this year Turkey's hot rolled coil (HRC) imports increased by 14.5 percent year on year to 398,227 metric tons, up 1.9 percent compared to June. The revenue from these imports amounted to $163 million, down 3.3 month on month and decreasing by 12.9 percent compared to the same month of the previous year.


Meanwhile, in the first seven months of this year, Turkey's HRC imports amounted to 2 million metric tons, down 8.5 percent year on year, while the revenue generated by these imports totaled $883 million, decreasing by 23.9 percent compared to same period of 2019.

In the given period, Russia ranked first among Turkey's HRC import sources, with its HRC exports to Turkey amounting to 664,255 mt, down 26.5 percent year on year, followed by Ukraine which shipped 300,289 mt of HRC to Turkey in the given period.                                      

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

Country

Amount (mt)

   

 

 

 

 

January- July 2020

January- July 2019

Change (%)

July 2020

July 2019

Change (%)

Russia

664,255

903,169

-26.45

168,993

152,938

10.5

Ukraine

300,289

273,106

9.95

14,575

47,536

-69.34

France

298,019

182,177

63.59

71,801

38,850

84.82

Netherlands

128,508

153,762

-16.42

3,776

2,509

50.5

Japan

108,157

23,462

-

1,420

-

-

UK

83,334

63,573

31.08

56,052

12,470

349.49

Brazil

73,667

103,229

-28.64

26,956

-

-

S. Korea

70,901

3,283

-

9,964

400

-

Italy

59,022

84,428

-30.09

20,900

12, 793

63.37

Belgium

55,578

40,044

38.79

8,827

4,390

101.07

 

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

 


Tags: Hrc Flats Turkey Europe 

Similar articles

US sheet prices tick up modestly ahead of Easter weekend

28 Mar | Scrap & Raw Materials

Flat steel prices in local Taiwanese market - week 13, 2024

28 Mar | Flats and Slab

European HRC prices keep falling, demand still shows signs of fatigue

28 Mar | Flats and Slab

Vietnam’s Hoa Phat and Formosa seek AD investigation on Chinese HRC

28 Mar | Steel News

Major steel and raw material futures prices in China - March 28, 2024

28 Mar | Longs and Billet

UAE’s HRC market still sluggish, offers from India fall slightly

27 Mar | Flats and Slab

Import HRC prices in Vietnam retreat again due to slump in China

27 Mar | Flats and Slab

Vietnam’s Hoa Phat produces nine millionth mt of HRC

27 Mar | Steel News

Major steel and raw material futures prices in China - March 27, 2024

27 Mar | Longs and Billet

HRC consumption in Mexico up 30.6 percent in January

26 Mar | Steel News