Turkish HRC import volume down 10.1 percent in Jan-Feb

Wednesday, 17 April 2019 15:14:00 (GMT+3)   |   Istanbul
       

According to the data provided by the Turkish Statistical Institute (TUIK), in February this year Turkey's hot rolled coil (HRC) imports increased by 8.2 percent year on year to 297,073 metric tons, up 4.3 percent compared to January 2019. The revenue from these imports amounted to $152.9 million, down four percent month on month and decreasing by 3.4 percent compared to the same month of the previous year.

Meanwhile, in the first two months of this year, Turkey's HRC imports amounted to 581,778 metric tons, down 10.1 percent year on year, while the revenue generated by these imports totaled $312.2 million, decreasing by 15.3 percent compared to same period of 2018.

In the given period, Russia ranked first among Turkey's HRC import sources, with its HRC exports to Turkey amounting to 317,718 mt, up 37.2 percent year on year, followed by the Netherlands which shipped 70,286 mt of HRC to Turkey in the given period.

Turkey's top HRC import sources in the January-February period are as follows:

Country

Amount (mt)

   

 

 

 

 

January-February 2019

January-February 2018

Change (%)

February 2019

February 2018

Change (%)

Russia

317,718

231,573

37.20

146,455

87,572

67.24

Netherlands

70,286

45,722

53.72

38,995

10,645

266.32

Ukraine

64,931

111,085

-41.55

39,513

65,864

-40.01

Brazil

53,835

12,852

318.88

26,611

9,157

190.61

France

35,095

73,637

-52.34

19,275

32,854

-41.33

Romania

13,487

11,376

18.56

5,583

3,618

54.31

UK

13,203

4,382

201.30

13,202

3,938

235.25

Turkey's main HRC import sources in the January-February period are as follows:


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