Turkey's CRC imports up 1.7 percent in 2014

Monday, 23 February 2015 15:44:05 (GMT+3)   |   Istanbul

In December last year, Turkey's cold rolled coil (CRC) imports totaled 55,309 metric tons, decreasing by 7.06 percent compared to the same month of 2013 and down 5.45 percent month on month, according to the data provided by the Turkish Statistical Institute (TUIK). The value of these imports was $36.89 million, decreasing by 10.8 percent year on year and down 5.55 percent month on month.

Meanwhile, in 2014, Turkey's CRC imports increased by 1.66 percent to 718,115 metric tons, while the value of these imports totaled $489.05 million, down 0.35 percent, both on year-on-year basis.

In 2014, Russia ranked first among Turkey's CRC import sources, supplying 305,859 metric tons, down 3.76 percent year on year. Meanwhile, in the given period, Turkey's CRC imports from Ukraine surged to 137,214 metric tons, up 30.16 percent compared to 2013.

Turkey's top 10 CRC import sources in 2014 are as follows:

Country Amount (mt)          
  2014 2013 Y-o-y change (%) December 2014 December 2013 Y-o-y change (%)
Russia 305,859 317,817 -3.76 20,695 14,369 44.03
Ukraine 137,214 105,423 30.16 11,017 10,414 5.79
Belgium 66,207 72,184 -8.28 7,295 6,984 4.45
Spain 51,002 9,533 - 600 6,114 -90.19
Germany 32,399 61,205 -47.06 2,931 3,593 -18.42
Romania 31,693 44,725 -29.14 6,075 4,174 45.54
S. Korea 17,972 11,605 54.86 2,311 896 157.92
Netherlands 14,587 14,713 -0.86 1,077 1,969 -45.3
Austria 12,284 11,399 7.76 574 1,083 -47
UK 8,790 6,830 28.7 13 2,010 -99.35

Turkey's CRC import sources in 2014 can be seen in the graph below:


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