Egypt is the second largest country exporting HRC to Türkiye In Jan. to May 2024

In May this year, Turkey’s hot rolled coil (HRC) imports amounted to 283,150 metric tons, down by 24.3% compared to April and by 51.8% year on year, according to the preliminary data provided by the Turkish Statistical Institute (TUIK). Meanwhile, the value of these imports totaled $195.19 million, decreasing by 20.9% compared to the previous month and by 52.9% year on year. In the January-May period, Turkey's HRC imports amounted to 1,762,060 mt, down 10.6%, while the value of these imports fell by 12.9% to $1.14 billion, both year on year. In the given period, Turkey’s largest HRC import source was China, which supplied 896,145 mt. Egypt with 288,481 mt and Russia with 185,597 mt.