Trade Resources Industry Views Turkey's Total HRC Exports Increased by 73.48 Percent Year on Year to 54,616 Metric Tons

Turkey's Total HRC Exports Increased by 73.48 Percent Year on Year to 54,616 Metric Tons

In August this year, Turkey's total hot rolled coil (HRC) exports increased by 73.48 percent year on year to 54,616 metric tons, while decreasing by 42 percent compared to the previous month, according to the data provided by the Turkish Statistical Institute (TUIK). The value of this export volume totaled $29.93 million, up 45 percent year on year and decreasing by 45.3 percent compared to July. On the other hand, in January-August period of 2013, Turkey's HRC export volume surged by 2.55 fold compared to the same period of the previous year, reaching 1.01 million mt.

Turkey's HRC Exports to Southern Europe Show Significant Rise in Jan-Aug

In the first eight months of this year, Turkey's HRC exports to Italy rose by almost three times, while the country's HRC exports to Portugal increased by six times in volume, both compared to the corresponding period of 2012. In the meantime, Turkey increased its HRC exports to Spain by four times in January-August 2013, compared to a year ago period.

Turkey's main export destinations in the first eight months this year are as follows:

Turkey's HRC Exports to Southern Europe Show Significant Rise in Jan-Aug_1

Turkey's top 10 HRC export countries in January-August 2013 are as follows:

 

Country Volume (mt)      
  Jan-Aug 2013 Jan-Aug 2012 August 2013 August 2012
Italy 402,726 134,850 13,110 16,131
Portugal 164,147 26,185 21,695

 -

Spain 84,580 21,032 2,189 2,087
Thailand 66,115

 -

 -

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Romania 50,592 47,891 1,227 5,895
USA 38,709 9,566 2,898

 -

Belgium-J-Luxembourg 22,375 23,542 39 3,153
UK 21,951 26,730

 -

 -

Greece 20,932 9,295 2,465

 -

Libya 20,007 9,111 1,220 1,417

 

Source: http://www.steelorbis.com/steel-news/latest-news/turkeys-hrc-exports-to-southern-europe-show-significant-rise-in-jan_aug-791186.htm
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Turkey's HRC Exports to Southern Europe Show Significant Rise in Jan-Aug
Topics: Metallurgy