Turkish HRC exports fall, other flat steel exports up in November

Turkish exports of flat steel products increased by 2.46% year on year to 416,333 tonnes in November 2020, according to figures recently released by the Turkish Statistical Institute (TUIK).

This compared with a volume of 406,321 tonnes in November 2019, TUIK said.
Despite the increase in the total exported volume, Turkey's hot-rolled coil flat steel exports decreased by 25.28% to 186,574 tonnes in November.
The reason for this sharp decrease was strong local demand in Turkey, as well as recent trade investigations by the European Commission (EC).

Europe is Turkey's biggest buyer of flat steel products, but...

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