In May this year, Türkiye’s hot rolled steel coils total exports increased by 25.8% compared to April but decreased by 39.8% year-on-year to reach 83,336 tonnes, according to the Turkish Statistical Institute (TUIK).
The value of these exports amounted to $63.54 million, which increased 28.7% monthly but down by 56.7% compared to 2022.
From January to May of this year, Türkiye’s hot steel flat exports amounted to 408,430 tonnes, down by 32.8%, while their value decreased by 47.6% to reach $303.14 billion, compared to the same period in 2022.
The most important export destinations for hot rolled steel in Turkey in the first five months of this year are Italy with a volume of 125,226 tonnes, Egypt with 76,399 tonnes, Greece with 28,566 tonnes, Spain with 27,314 tonnes, Macedonia 24,432 tonnes, Slovenia 15,315 tonnes, Albania 14,368 tonnes, Algeria 11,106 tonnes, Morocco 9,979 tonnes and Bulgaria 9,979 tonnes.
