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Turkey’s HRC exports down 38% in January-March

Steel News

Turkey’s HRC exports down 38% in January-March

 

 

 

In March this year, Turkey’s total hot rolled coil (HRC) exports increased by 272.7 percent to 219,709 metric tons compared to February and were up 51.1 percent year on year, according to the data provided by the Turkish Statistical Institute (TUIK).

 

 

These exports had a value of $146.39 million, up 279.1 percent month on month, while increasing by 104.0 percent compared to the same month of 2020.

 

 

In the January-March period of this year, Turkey’s HRC exports amounted to 387,512 mt, down 38.0 percent, while the value of these exports decreased by 14.8 percent to $244 million, both compared to the same period of 2020.

 

 

In the first three months of this year, Italy ranked first among Turkey’s HRC export destinations, with its HRC imports from Turkey amounting to 129,485 mt, down 54.67 percent, followed by Spain which received 78,780 mt of HRC from Turkey in the given period.

 

 

One Arab country came in the report, Algeria, with imports of 17,739 mt.