In June this year, Turkey's total hot rolled coil (HRC) imports decreased by 13.7 percent year on year to 313,598 metric tons, down 33.3 percent compared to May, according to the data provided by the Turkish Statistical Institute (TUIK). These imports had a value of $200 million, falling by 32.2 percent month on month and up 10 percent year on year.
In the first half of the current year, Turkey's HRC imports amounted to 2.1 million mt, up 6.7 percent, while the value of these imports increased by 28.8 percent to $1.26 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 964,000 mt, down 20.6 percent year on year, followed by Ukraine which shipped 278,823 mt of HRC to Turkey in the given period.
Turkey's top HRC import sources in the January-June period are as follows:
|
Country |
Amount (mt) |
|
|
|
|
|
|
|
Jan-Jun 2018 |
Jan-Jun 2017 |
Y-o-y change (%) |
June 2018 |
June 2017 |
Y-o-y change (%) |
|
Russia |
964,000 |
1,213,633 |
-20.57 |
122,626 |
210,206 |
-41.66 |
|
Ukraine |
278,823 |
129,895 |
114.65 |
55,533 |
30,486 |
82.16 |
|
France |
174,798 |
179,244 |
-2.48 |
27,121 |
52,714 |
-48.55 |
|
Netherlands |
101,610 |
7,498 |
1255.16 |
3,142 |
1,076 |
192.01 |
|
Germany |
91,978 |
9,073 |
913.76 |
2,460 |
4,782 |
-48.56 |
|
Brazil |
84,434 |
123,340 |
-31.54 |
55,388 |
26,587 |
108.33 |
|
Spain |
65,832 |
29,881 |
120.31 |
7,688 |
7,477 |
2.82 |
Turkey's main HRC import sources in the January-June period are as follows:
