Turkey's CRC imports down 7.9 percent in January-July

Wednesday, 20 September 2017 11:58:15 (GMT+3)   |   Istanbul
       

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:


Similar articles

Flat steel prices in local Taiwanese market - week 13, 2024

28 Mar | Flats and Slab

Ex-India HDG and CRC prices edge down, trade remains in doldrums

28 Mar | Flats and Slab

Ex-China CRC offer prices fail to recover amid futures price drop

27 Mar | Flats and Slab

CRC consumption in Mexico up 23.4 percent in January

26 Mar | Steel News

CRC import price offers stable in Brazil

25 Mar | Flats and Slab

Indian CRC prices stable amid thin trading and negative manufacturing outlook

25 Mar | Flats and Slab

Stocks of main finished steel products in China down 0.6 percent in mid-March

25 Mar | Steel News

US flats source believe HRC prices are “at or near the bottom”

22 Mar | Flats and Slab

Romania’s sole flats mill cuts HRC prices, raises HDG and PPGI prices

22 Mar | Flats and Slab

Flat steel prices in local Taiwanese market - week 12, 2024

21 Mar | Flats and Slab