In July this year, Turkey's total hot rolled coil (HRC) imports decreased by 47 percent year on year to 240,484 metric tons, down 23.3 percent compared to June, according to the data provided by the Turkish Statistical Institute (TUIK). These imports had a value of $148 million, falling by 26 percent month on month and down 33.7 percent year on year.
In the first seven months of the current year, Turkey's HRC imports amounted to 2.38 million mt, down 1.6 percent, while the value of these imports increased by 16.6 percent to $1.4 billion, both year on year.
In the given period, Russia ranked first among Turkey's HRC import sources, with its HRC exports to Turkey amounting to 1,063,739 mt, down 27.86 percent year on year, followed by Ukraine which shipped 325,883 mt of HRC to Turkey in the given period.
Turkey's top HRC import sources in the January-July period are as follows:
|
Country |
Amount (mt) |
|
|
|
|
|
|
|
Jan-Jul 2018 |
Jan-Jul 2017 |
Y-o-y change (%) |
July 2018 |
July 2017 |
Y-o-y change (%) |
|
Russia |
1,063,739 |
1,474,607 |
-27.86 |
99,739 |
260,973 |
-61.78 |
|
Ukraine |
325,883 |
149,209 |
118.41 |
47,066 |
19,318 |
143.64 |
|
France |
202,679 |
236,671 |
-14.36 |
27,881 |
57,426 |
-51.45 |
|
Brazil |
116,463 |
144,298 |
-19.29 |
32,029 |
20,958 |
52.82 |
|
Netherlands |
103,478 |
7,498 |
1280.07 |
1,866 |
- |
- |
|
Germany |
96,283 |
19,754 |
387.41 |
4,304 |
10,681 |
-59.70 |
|
Spain |
69,441 |
38,062 |
82.44 |
3,610 |
8,181 |
-55.87 |
Turkey's main HRC import sources in the January-July period are as follows:
