Politics

Turkey’s HRC imports up 2.2 percent in January-August


In August this year, Turkey’s hot rolled coil (HRC) imports amounted to 318,390 metric tons, up by 2.4 percent compared to the previous month and by 0.7 percent year on year, according to the preliminary data provided by the Turkish Statistical Institute (TUIK). Meanwhile, the revenue of these imports totaled $215.66 million, declining by 7.9 percent compared to July and by 20.7 percent year on year.

Meanwhile, in the January-August period of this year, Turkey’s HRC imports amounted to 3.03 million mt, up by 2.2 percent compared to the same period of last year, while the revenue of these imports totaled $2.08 billion, decreasing by 21.7 percent year on year.

Turkey’s top HRC import sources in the first eight months of this year are as follows:

Country

Amount (mt)

 

 

 

 

 

 

January-August 2023

January-August 2022

Change (%)

August 2023

August 2022

Change (%)

China

1,153,212

489,825

+135.4

90,846

73,627

+23.4

Russia

530,527

736,685

-28.0

51,400

172,264

-70.2

Japan

393,818

223,704

+76.0

73,118

25,330

+188.7

Egypt

183,663

49,348

South Korea

178,276

52,062

+242.4

24,871

278

Taiwan

164,834

9,685

Indonesia

98,279

11,196

+777.8

France

85,388

169,599

-49.7

11,333

12,917

-12.3

Vietnam

49,994

UK

49.635

124,100

-60.0

1,291

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



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