Turkey's CRC imports down 10.6 percent in January-May

Thursday, 07 July 2022 12:30:15 (GMT+3)   |   Istanbul
       

In May this year, Turkey's cold rolled coil (CRC) imports decreased by 14.7 percent month on month to 42,808 mt, down 10.8 percent year on year, according to the data provided by the Turkish Statistical Institute (TUIK). The value of these imports was $45.53 million, decreasing by 14.0 percent compared to April and up 7.9 percent year on year.

Meanwhile, in January-May period of this year, Turkey's CRC imports amounted to 253,702 metric tons, down 10.6 percent year on year, while the revenue generated by these imports totalled $265.0 million, increasing by 26.1 percent compared to the same period of 2021.

In the first five months of this year, Russia ranked first among Turkey's CRC import sources, supplying 115,561 mt, down 27.9 percent year on year. Meanwhile, in the given period, Turkey's CRC imports from South Korea totalled 41,988 mt.

Turkey's main CRC import sources in January-May are as follows: 

Country

Amount (mt)

 

 

 

 

 

 

January-May 2022

January-May 2021

Change (%)

May 2022

May 2021

Change (%)

Russia

115,561

160,173

-27.85

12,830

21,923

-41.48

South Korea

41,988

27,607

52.09

16,173

12,349

30.97

China

25,141

41,590

-39.55

1,661

3,939

-57.83

India

16,389

-

-

475

-

-

Netherlands

13,897

13,857

0.29

4,338

1,198

262.10

Kazakhstan

9,038

-

-

3,397

-

-

Romania

8,857

4,427

100.07

900

2,181

-58.73

Belgium

6,131

7,853

-21.93

978

1,915

-48.93

France

2,974

1,157

157.04

605

293

106.48

Germany

2,203

1,427

54.38

204

327

-37.61

Turkey's CRC import sources in January-May can be seen in the graph below:


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