During the first ten months of the year around 3.5Mt of hot rolled coil (HRC) has been imported to Turkey according to official data which is nearly the same amount imported YoY. The biggest supplier was Russia with about 960,000mt, followed by the Ukraine with 560,000mt, France with 390,000mt and Romania with 190,000mt.
About 4.6Mt of rebar has been exported from Turkey during the period January-October 2020 which is a decrease of some 8% year-on-year. The largest buyers have been Israel with about 740,000mt, followed by Yemen with 730,000mt and the US with 380,000mt.
According to data published by the French Steel Federation (FFA) the country’s average crude steel production per month has dropped to around 930,000mt in the period January-October this year. This is a drop of around 25% compared to last year’s monthly average of about 1.24Mt and more than 27% compared to the numbers of 2018.
Crude steel production in the EU fell in October for the tenth month in a row according to information from the World Steel Association by 5.6% to 12.61Mt year-on-year. While Italy’s output dropped by 4.6% to 2.1Mt during this month and Spain’s production decreased by 7.7% to 1.1Mt, Germany’s output grew by more than 3% to 3.4Mt in October compared to the same month a year ago.
The Russian Ministry of Energy published new revised data for the country’s coal production and export for the current year. The production is expected to drop by around 41.4Mt or 9.3% year-on-year to some 400Mt which is a downward correction of nearly 2% from former estimates reported this year. Export is forecasted to slide by 4% YoY in 2020 to around 211Mt.
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