In May this year, Turkey’s hot rolled coil (HRC) exports amounted to 293,911 metric tons, up by 1.8% compared to April and by 45.7% year on year, according to the preliminary data provided by the Turkish Statistical Institute (TUIK).
Meanwhile, the revenue generated by these exports totaled $172.10 million, decreasing by 0.3% compared to the previous month and increasing by 31% year on year.
In the January-May period, Turkey’s HRC exports amounted to 1.30 million metric tons, up 52% , while the value of these exports increased by 30.1% to $750.19 million, both year on year.
In the given period, Turkey’s largest HRC export destination was Italy with 352,470 mt, up 53.4% year on year. Italy was followed by Spain with 245,469 mt and Portugal with 112,958 mt.
Three Arab countries were among the largest importers of HRC : Egypt with 80,858 mt, Libya with 38,961 mt, and Lebanon with 27,613 mt.
