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Based on the information supplied by the Turkish Statistical Institute (TUIK), in October this 12 months Turkey’s sizzling rolled coil (HRC) imports decreased by 47.3 % 12 months on 12 months to 231,405 metric tons, down 9.5 % in comparison with September. The income from these imports amounted to $148.61 million, declining by 22.1 % month on month and by 65.3 % in comparison with the identical month of the earlier 12 months.
In the meantime, within the January-October interval of this 12 months, Turkey’s HRC imports amounted to three.45 million metric tons, down 16.7 % 12 months on 12 months, whereas the income generated by these imports totaled $3.4 billion, dropping by 11.9 % in comparison with the identical interval of 2021.
Within the given interval, Russia ranked first amongst Turkey’s HRC import sources, with its HRC exports to Turkey amounting to 1,036,705 mt, down 38.3 % 12 months on 12 months, adopted by India which shipped 537,879 mt of HRC to Turkey within the given interval.
Turkey’s high HRC import sources in January-October are as follows:
Nation |
Quantity (mt) |
|
|
|
|
|
|
January-October 2022 |
January-October 2021 |
Change (%) |
October 2022 |
October 2021 |
Change (%) |
Russia |
1,036,705 |
1,679,205 |
-38.3 |
150,826 |
168,564 |
-10.5 |
India |
537,879 |
589,162 |
-8.7 |
– |
71,465 |
– |
China |
517,485 |
148,322 |
– |
– |
34,833 |
– |
Japan |
248,882 |
362,319 |
-31.3 |
25,178 |
25,183 |
– |
France |
240,467 |
290,860 |
-17.3 |
34,099 |
20,528 |
– |
Ukraine |
203,791 |
886,093 |
-77.0 |
– |
94,504 |
– |
Brazil |
178,041 |
27,042 |
– |
– |
13,337 |
– |
UK |
130,454 |
10,782 |
– |
787 |
– |
– |
Netherlands |
91,057 |
18,792 |
– |
939 |
– |
– |
Belgium |
57,044 |
50,256 |
+13.5 |
5,954 |
4,519 |
+31.8 |
Turkey’s important HRC import sources in January-October are as follows:
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