Turkish HRC import volume down 4.8 percent in January-April

Thursday, 20 June 2019 16:59:28 (GMT+3)   |   Istanbul
       

According to the data provided by the Turkish Statistical Institute (TUIK), in April this year Turkey's hot rolled coil (HRC) imports increased by 17.6 percent year on year to 439,594 metric tons, while rising by 92.2 percent compared to March. The revenue from these imports amounted to $228.4 million, up 95.4 percent month on month and increasing by 0.3 percent compared to the same month of the previous year.


Meanwhile, in the first four months of this year, Turkey's HRC imports amounted to 1.25 million metric tons, down 4.8 percent year on year, while the revenue generated by these imports totaled $657.52 million, decreasing by 14.8 percent compared to the 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 614,052 mt, up 15.03 percent year on year, followed by Netherlands which shipped 132,332 mt of HRC to Turkey in the given period.

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

Country

Amount (mt)

   

 

 

 

 

January-April 2019

January- April 2018

Change (%)

April 2019

April 2018

Change (%)

Russia

614,052

533,797

15.03

181,935

189,227

-3.85

Netherlands

132,332

96,946

36.50

47,473

11,522

312.02

Ukraine

128,703

172,508

-25.39

28,905

35,729

-19.10

France

82,713

125,052

-33.86

31,215

27,213

14.71

Brazil

77,888

29,044

168.17

24,053

11,393

111.12

Romania

54,615

21,667

152.07

26,415

2,849

827.17

Spain  

43,796

52,167

-16.05

21,276

8,980

136.93

UK

41,404

5,012

726.10

28,202

630

4376.51

Italy

30,284

6,206

387.98

29,355

1,669

1658.84

Belgium

22,700

31,332

-27.55

7,844

11,393

-31.1


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

 


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