In February this year, Turkey's cold rolled coil (CRC) imports increased by 10.33 percent month on month 59,798 mt compared to the previous month and were up 17.5 percent year on year, according to the data provided by the Turkish Statistical Institute (TUIK). The value of these imports was $32.7 million, increasing by 21 percent month on month and up 57.4 percent year on year.
In the January-February period of the current year, Turkey's CRC imports amounted to 113,996 mt, down 15.4 percent, while the value of these imports increased by 51 percent to $60.9 million, both year on year.
In the January-February period, Russia ranked first among Turkey's CRC import sources, supplying 57,218 mt, up 69.6 percent year on year. Meanwhile, in the given period, Turkey's CRC imports from Ukraine totaled 19,878 mt, falling by 24.16 percent compared to the same period of 2016.
Turkey's main CRC import sources in the first two months of this year are as follows:
Country | Amount (mt) | |||||
January-February 2017 | January-February 2016 | Y-o-y change (%) | February 2017 | February 2016 | Y-o-y change (%) | |
Russia | 57,218 | 33,737 | 69.60 | 31,620 | 12,941 | 144.34 |
Ukraine | 19,878 | 26,211 | -24.16 | 10,763 | 16,841 | -36.09 |
Romania | 7,831 | 11,208 | -30.13 | 4,159 | 6,134 | -32.20 |
South Korea | 5,347 | 4,580 | 16.75 | 2,116 | 3,164 | -33.12 |
Belgium | 4,181 | 8,987 | -53.48 | 1,486 | 6,412 | -76.82 |
Turkey's CRC import sources in the January-February period of this year can be seen in the graph below:
