Tel :
In the first five months of 2025, Türkiye BV/DH36 steel imported 1.58 million tons of hot rolled coils, down 10.4% year on year; The import amount was 882 million US dollars, a year-on-year decrease of 22.8%. Despite the overall slowdown in imports, the monthly import volume in May reached 513000 tons, a sharp increase of 124.7% compared to the previous month and a year-on-year increase of 81.2%. The import amount increased by 111.3% compared to the previous month.
From the perspective of import source country, China is still Türkiye's largest hot coil import source country, supplying 640000 tons in the first five months, down 28.5% year on year; Russia ranks second with 310000 tons, a year-on-year increase of 67.1%; Egypt ranked third with 210000 tons, a year-on-year decrease of 27.5%. The supply from South Korea and Japan was 143000 tons and 113000 tons BV/DH36 steel respectively, both maintaining year-on-year growth. It is worth noting that the import volume of hot coils from China in May was 260000 tons, a year-on-year increase of 172.8%, which to some extent reflects the competitiveness of Chinese resources in terms of price and supply flexibility.
The export boom of Russia to Türkiye has increased significantly, mainly because the slowdown of Russia's economy has led to the weakening of domestic demand, while the export distribution has increased. In addition, Russia's shipment cycle is shorter than that of Asia, and its cargo volume is flexible (can be less than 40000 to 50000 tons), so that Türkiye's buyers can reduce the risk of arrival. In addition, in order to reduce the risk of long-term procurement from China, Türkiye buyers also increased the procurement of Russian resources in some orders.
On the whole, although Türkiye's BV/DH36 steel overall hot coil import volume fell year-on-year this year, under the background of global price adjustment and supply chain changes, the import volume in May rose sharply, which may drive the periodical recovery of inventory in the short term. In the future, we still need to pay attention to the recovery rhythm of Türkiye's domestic demand and the impact of the changes in European market export prices on the import rhythm.