Politics

Turkey’s HRC imports decrease by 2.1 percent in January-April


In April this year, Turkey’s hot rolled coil (HRC) imports amounted to 342,279 metric tons, down 9.6 percent compared to March and up 8.5 percent year on year, according to the preliminary data provided by the Turkish Statistical Institute (TUIK). Meanwhile, the revenue of these imports totaled $241.92 million, increasing by 0.2 percent compared to March and dropping by 11.7 percent year on year.

Meanwhile, in the January-April period of this year, Turkey’s HRC imports amounted to 1.38 million mt, down 2.1 percent compared to the same period of last year, while the revenue of these imports totaled $898.41 million, decreasing by 26.6 percent year on year.

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

Country

Amount (mt)

 

 

 

 

 

 

January-April 2023

January-April 2022

Change (%)

April 2023

April 2022

Change (%)

Russia

381,866

178,099

+114.4

98,433

27,107

+263.1

China

247,494

89,141

Japan

169,252

111,600

+8.9

20,439

56,287

-63.7

Taiwan

121,513

57,665

Indonesia

98,276

6,035

South Korea

82,240

11,551

+612.0

4,990

5,695

-12.4

Egypt

60,967

7,119

Vietnam

49,993

19,529

UK

45,107

122,119

-63.1

905

1,180

-23.3

France

41,177

108,705

-61.1

13,213

17,767

-25.6

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



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