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Turkey’s HRC exports increase by 120% in H1 2024

In June this year, Turkey’s hot rolled coil (HRC) exports amounted to 243,772 metric tons, up by 20.9% compared to May and up by 179.9% year on year, according to the preliminary data provided by the Turkish Statistical Institute (TUIK).

Meanwhile, the revenue generated by these exports totaled $151.62 million, increasing by 15.4% compared to the previous month and increasing by 121.8% year on year.

In the January-June period, Turkey’s HRC exports amounted to 1,097,229 mt, up 120.1%, while the value of these exports increased by 96.2% to $728.14 million, both year on year.

In the given period, Turkey’s largest HRC export destination was Italy with 335,764 mt. Italy was followed by Egypt with 130,564 mt , Spain with 121,517 mt , Algeria with 77,924 mt and Morocco with 25,626 mt.

 

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