In April this year, Turkey's cold rolled coil (CRC) imports increased by 43.7 percent month on month to 78,930 mt, up 24.9 percent year on year, according to the data provided by the Turkish Statistical Institute (TUIK). The value of these imports was $47.5 million, rising by 45.9 percent compared to March and up 11.1 percent year on year.
Meanwhile, in the first four months of this year, Turkey's CRC imports amounted to 219,937 metric tons, down 12.7 percent year on year, while the revenue generated by these imports totaled $137.53 million, decreasing by 17.5 percent compared to same period of 2018.
In the January-April period, Russia ranked first among Turkey's CRC import sources, supplying 129,834 mt, up 34.6 percent year on year. Meanwhile, in the given period, Turkey's CRC imports from Romania totaled 19,961 mt.
Turkey's main CRC import sources in the January-April period are as follows:
|
Country |
Amount (mt) |
|
|
|
||
|
|
January-April 2019 |
January- April 2018 |
Change (%) |
April 2019 |
April 2018 |
Change (%) |
|
Russia |
129,834 |
96,477 |
34.58 |
42,425 |
30,711 |
38.14 |
|
Romania |
19,961 |
25,867 |
-22.83 |
7,400 |
7,943 |
-6.84 |
|
Belgium |
17,042 |
32,576 |
-47.69 |
11,309 |
3,899 |
190.05 |
|
Japan |
15,765 |
218 |
- |
6,051 |
56 |
- |
|
Netherlands |
7,466 |
8,781 |
-14.98 |
1,514 |
2,316 |
-34.63 |
|
China |
6,995 |
12,173 |
-42.54 |
- |
5 |
- |
Turkey's CRC import sources in the January-April period of the current year can be seen in the graph below:
