Turkish companies exported 430,000mt of hot-rolled coils (HRC) in January-March 2021 compared with 664,000mt in January-March 2020.
According to statistical source SteelData, flat product supply from Turkey to Italy and Spain dropped by 54pc and 22pc to 132,000mt and 79,000mt, respectively, during the period under review.
Turkey shipped 32,000mt of HRC to Tunisia, 20,000mt to South Africa, and 18,000mt to Pakistan, while there was almost no export to these destinations in the first three months of 2020.
Flat product supply from Turkey to Iraq amounted to 26,000mt in Q1 2021 against 23,000mt in Q1 2020.
In March 2021, Turkey’s HRC exports tallied at 237,000mt, up by 53pc compared to the same month a year ago, according to SteelData.