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Turkey’s HRC exports increase by 145.2% in January-July 2024

In July this year, Turkey’s hot rolled coil (HRC) exports amounted to 309,800 metric tons, up by 27.6% compared to June and by 314.1% year on year, according to the preliminary data provided by the Turkish Statistical Institute (TUIK).

Meanwhile, the revenue generated by these exports totaled $189.93 million, increasing by 25.9% compared to the previous month and by 241.3% year on year.

In the January-July period, Turkey’s HRC exports amounted to 1,405,962 mt, up 145.2%, while the value of these exports increased by 114.9% to $917.33 million, both year on year.

In the given period, Turkey’s largest HRC export destination was Italy with 433,367 mt. Italy was followed by Spain with 178,426 mt and Egypt with 145,795 mt.

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