In July this year, Turkey's cold rolled coil (CRC) imports increased by 19.4 percent month on month to 68,824 mt compared to the previous month and were up 14 percent year on year, according to the data provided by the Turkish Statistical Institute (TUIK). The value of these imports was $39.7 million, increasing by 12.88 percent month on month and up 33 percent year on year.
In the first seven months of the current year, Turkey's CRC imports amounted to 446,422 mt, down 7.9 percent, while the value of these imports increased by 27.3 percent to $258.5 million, both year on year.
In the first seven months, Russia ranked first among Turkey's CRC import sources, supplying 218,786 mt, down 2.5 percent year on year. Meanwhile, in the given period, Turkey's CRC imports from Ukraine totaled 65,194 mt, falling by 23.95 percent compared to the same period of 2016.
Turkey's main CRC import sources in the first seven months of this year are as follows:
Country |
Amount (mt) |
|
|
|
|
|
|
January-July 2017 |
January-July 2016 |
Y-o-y change (%) |
July 2017 |
July 2016 |
Y-o-y change (%) |
Russia |
218,786 |
224,386 |
-2.50 |
31,919 |
37,334 |
-14.50 |
Ukraine |
65,194 |
85,726 |
-23.95 |
7,962 |
4,182 |
90.39 |
Romania |
52,973 |
45,060 |
17.56 |
11,956 |
2,841 |
320.84 |
South Korea |
20,744 |
21,409 |
-3.11 |
1,127 |
1,324 |
-14.88 |
Belgium |
20,454 |
48,556 |
-57.88 |
4,993 |
8,343 |
-40.15 |
Turkey's CRC import sources in the January-July period of this year can be seen in the graph below: