In August this year, Turkey's total hot rolled coil (HRC) imports decreased by 23.1 percent year on year to 263,999 metric tons, according to the data provided by the Turkish Statistical Institute (TUIK). These imports had a value of $120.7 million, falling by 12 percent year on year.
In the first eight months of the current year, Turkey's HRC imports amounted to 2.62 million mt, rising by 13.8 percent, while the value of these imports decreased by 12.1 percent to $925.9 million, both compared to the same period of the previous year.
In the January-August period of this year, Russia ranked first among Turkey's HRC import sources, with its HRC exports to Turkey amounting to 1,063,255 mt, up 14.02 percent compared to the corresponding period of the previous year, followed by Brazil which shipped 237,219 mt of HRC to Turkey in the given period.
Turkey's top HRC import sources in the January-August period this year are as follows:
Country | Amount (mt) | |||||
Jan-Aug 2016 | Jan-Aug 2015 | Y-o-y change (%) | August 2016 | August 2015 | Y-o-y change (%) | |
Russia | 1,063,255 | 932,507 | 14.02 | 127,745 | 172,879 | -26.11 |
Brazil | 237,219 | 83,739 | 183.28 | - | - | - |
Ukraine | 224,430 | 305,780 | -26.60 | 9,834 | 56,608 | -82.63 |
Romania | 209,254 | 210,773 | -0.72 | 19,797 | 33,238 | -40.44 |
France | 207,126 | 275,802 | -24.90 | 17,953 | 38,950 | -53.91 |
UK | 188,049 | 305,780 | -38.50 | 8,536 | 73 | - |
Netherlands | 98,197 | 57,886 | 69.64 | 423 | 475 | -10.95 |
Turkey's main HRC import sources in the January-August period this year are as follows:
