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20 Oct
16:06

Russia again drives Turkish HR flats imports growth in August

Turkey’s hot rolled (HR) flats imports increased 33.1% year-on-year to 505,571 tonnes in August as Russia-origin deliveries soared. The average price of these imports dropped to $481/t from $700/t a year ago, Kallanish notes from the latest Turkish Statistical Institute (TUIK) data. The rise in imports follows an 82% y-o-y surge in July to 518,341t, which was again driven by Russian supplies. Imports of HR wide strips grew 42.4% on-year to 452,311t, acc…
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