Turkey’s HRC imports increase by 6.9 percent in January-April

June 11, 2024 admin-dominor

In April this year, Turkey’s hot rolled coil (HRC) imports amounted to 373,970 metric tons, down by 14.4 percent compared to March and up by 9.5 percent year on year, according to the preliminary data provided by the Turkish Statistical Institute (TUIK). Meanwhile, the value of these imports totaled $246.72 million, decreasing by 11.3 percent compared to the previous month and rising by 2.2 percent year on year.

In the January-April period, Turkey’s HRC imports amounted to 1,478,901 mt, up 6.9 percent, while the value of these imports increased by 5.6 percent to $948.13 million, both year on year.

In the given period, Turkey’s largest HRC import source was China, which sold 800,870 mt. China was followed by Egypt with 192,180 mt and Russia with 139,551 mt.

Turkey’s top 10 HRC import sources in the January-April period this year:

Country	Amount (mt)
	January-April 2023	January-April 2024	Y-o-y change (%)	April 2023	April 2024	Y-o-y change (%)
China	247,492	800,870	223.6	89,141	215,609	141.9
Egypt	60,964	192,180	215.2	7,119	19,374	172.1
Russia	387,017	139,551	-63.9	98,433	37,659	-61.7
South Korea	81,482	112,341	37.9	4,231	22,124	422.9
Japan	169,254	81,187	-52.0	20,439	–	–
Taiwan	121,513	47,182	-61.2	57,665	47,182	-18.2
France	41,198	39,531	-4.0	13,213	9,769	-26.1
Brazil	–	18,727	–	–	–	–
Belgium	13,275	16,265	22.5	4,115	4,386	6.6
Vietnam	49,994	11,286	-77.4	19,529	11,286	-42.2