HRC

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HRC prices in Europe fell due to weak demand

Activity in the European HRC market remains low

Turkish HRC exports fell by 7% in June

The main destination was Egypt, where 190.9 thousand tons were shipped

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German HRC producers offer discounts on their products

In this way, enterprises stimulate the purchase of hot-rolled coils

Turkey increased HRC supplies by 19% in June

Revenue from deliveries amounted to $166.9 million, which is 13.6% more than last month

In 5 months, Turkey reduced HRC imports from Ukraine by 63%

In May, Ukrainian metal products deliveries to Turkey resumed, while imports stopped in April

Remove trade barriers, no more risks

The EU market easily absorbs all steel exports from Ukraine

Turkey in January-February reduced HRC import from Ukraine by 14%

In February import of finished steel products reduced by 3%

Turkey increased imports of HRC from Ukraine 2.2 times in 7M

Ukrainian steel products accounted for 23% of Turkey’s total imports in the same period

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