Turkish HRC import volume down 4.4 percent in January-August

Monday, 12 October 2020 13:58:50 (GMT+3)   |   Istanbul
       

According to the data provided by the Turkish Statistical Institute (TUIK), in August this year Turkey's hot rolled coil (HRC) imports increased by 29.6 percent year on year to 343,194 metric tons, down 13.8 percent compared to July. The revenue from these imports amounted to $143.23 million, down 12.1 month on month and increasing by 3.4 percent compared to the same month of the previous year.



Meanwhile, in the first eight months of this year, Turkey's HRC imports amounted to 2.34 million metric tons, down 4.4 percent year on year, while the revenue generated by these imports totaled $1.03 billion, decreasing by 20.9 percent compared to the 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 784,202 mt, down 22.7 percent year on year, followed by Ukraine which shipped 373,714 mt of HRC to Turkey in the given period. 

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

Country

Amount (mt)

   

 

 

 

 

January-August 2020

January- August 2019

Change (%)

August 2020

August 2019

Change (%)

Russia

784,202

1,014,222

-22.68

119,946

111,052

8.01

Ukraine

373,714

319,945

16.81

73,423

46,839

56.76

France

328,677

236,563

38.94

30,658

54,385

-43.63

Japan

159,155

23,485

577.69

50,998

-

-

Netherlands

148,746

161,859

-8.10

20,239

8,096

149.99

UK

94,445

63,573

48.56

11,108

-

-

Brazil

80,065

103,229

-22.44

6,398

-

-

S. Korea

72,005

3,548

-

1,104

265

316.60

Italy

63,866

90,966

-29.79

4,845

6,537

-25.88

Belgium

57,554

44,348

29.78

1,974

4,304

-54.14

 

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


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