Intel Details

Turkey's HRC exports up by 53% in Mar '21 on surge in EU buying

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20 May 2021, 10:20 IST
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Turkey's HRC exports shot up a striking 52.5% on year to 229,985 t in Mar '21, as a surge in buying interest from the EU resulted in 179,000 t of imports from Turkey- a rise of 55% on year. Italy alone clocked imports of more than 100,000 t in Mar '21. However, Turkey's Q1 FY '21 HRC exports stood at 426,812 t- down 33.6% against same period last year- as exports to the EU slumped to 250,000 t owing to trade barriers. Turkey's crude steel production for 2020 was 35.8 mn t- up by 6% on 2019.

20 May 2021, 10:20 IST
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