Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

Turkish companies exported 1.44mn mt of hot-rolled coil (HRC) in the first six months of 2020 compared with 1.78mn mt in H1 2019 amid challenging market conditions.


Italy and Spain were the main destinations for Turkish flat products in January-June 2020, according to SteelData statistics, though shipments to both the countries decreased by 13.2pc and 24.3pc to 542,000mt and 226,000mt, respectively.


Turkish HRC export to Egypt increased to 220,000mt during the first six months of 2020 from 108,000mt in H1 2019.


Shipment to other destinations totaled 326,000mt, according to SteelData, with HRC export to Greece rising by 34pc to 63,000mt. Shipments to Belgium, however, declined by 42pc to 58,000mt.

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