In November last year, Turkey’s hot rolled coil (HRC) exports amounted to 102,363 metric tons, down by 32.1 percent compared to October and up by 30.9 percent year on year, according to the preliminary data provided by the Turkish Statistical Institute (TUIK). Meanwhile, the revenue generated by these exports totaled $61.70 million, decreasing by 33.4 percent compared to the previous month and increasing by 24.8 percent year on year.
In the January-November period, Turkey‘s HRC exports amounted to 2,083,265 mt, up 94.9 percent, while the value of these exports increased by 77.8 percent to $1.33 billion, both year on year.
In the given period, Turkey’s largest HRC export destination was Italy with 610,873 mt. Italy was followed by Spain with 249,279 mt and Egypt with 233,996 mt.
Turkey’s top 10 HRC export destinations in the January-November period last year:
|
Country |
Amount (mt) |
|
|
|
|
|
|
|
January-November 2023 |
January-November 2024 |
Y-o-y change (%) |
November 2023 |
November 2024 |
Y-o-y change (%) |
|
Italy |
255,279 |
610,873 |
139.3 |
8,823 |
23,939 |
171.3 |
|
Spain |
86,234 |
249,279 |
189.1 |
– |
5,545 |
– |
|
Egypt |
189,905 |
233,996 |
23.2 |
29,149 |
15,902 |
-45.4 |
|
Algeria |
69,486 |
141,812 |
104.1 |
7,946 |
8,009 |
0.8 |
|
Greece |
59,114 |
111,691 |
88.9 |
5,410 |
49 |
-99.1 |
|
Portugal |
1,629 |
111,672 |
>1000.0 |
– |
– |
– |
|
United Kingdom |
35,009 |
57,928 |
65.5 |
– |
– |
– |
|
Ukraine |
23,228 |
57,124 |
145.9 |
1,015 |
3,020 |
197.5 |
|
Serbia |
13,002 |
43,042 |
231.0 |
2,303 |
4,010 |
74.1 |
|
Libya |
18,370 |
42,293 |
130.2 |
2,034 |
5,453 |
168.1 |
Turkey’s main HRC export destinations on country basis in the January-November period last year are presented below:
