Turkey's CRC imports down 20.1 percent in January-October

Thursday, 19 December 2019 15:42:16 (GMT+3)   |   Istanbul
       

In October this year, Turkey's cold rolled coil (CRC) imports increased by 1.6 percent month on month to 54,687 mt, down 8.7 percent year on year, according to the data provided by the Turkish Statistical Institute (TUIK). The value of these imports was $32.77 million, increasing by 2.6 percent compared to September and down 16.7 percent year on year.

Meanwhile, in the first ten months of this year, Turkey's CRC imports amounted to 556,416 metric tons, down 20.1 percent year on year, while the revenue generated by these imports totaled $338.24 million, decreasing by 27 percent compared to same period of 2018.

In the January- October period, Russia ranked first among Turkey's CRC import sources, supplying 285,255 mt, down 15.53 percent year on year. Meanwhile, in the given period, Turkey's CRC imports from Romania totaled 58,624 mt.

Turkey's main CRC import sources in the January- October period are as follows: 

Country

Amount (mt)

   

 

 

 

 

January-October 2019

January- October 2018

Change (%)

October 2019

October 2018

Change (%)

Russia

285,255

337,714

-15.53

30,346

43,945

-30.95

Romania

58,624

60,542

-3.17

4,698

4,986

-5.78

Belgium

50,552

47,897

5.54

9,769

1,733

463.70

Italy

39,982

11,836

237.80

2,211

766

188.64

Netherlands

18,834

19,891

-5.31

4,698

1,949

141.05

Germany

16,983

15,725

8

266

659

-59.64

Japan

15,778

470

-

-

-

-

China

15,165

94,567

-83.96

1,533

1,304

17.56

Ukraine

11,720

44,056

-73.40

461

-

-

S.Korea

11,045

25,459

-56.62

1,951

1,682

15.99

Turkey's CRC import sources in the January-October period of the current year can be seen in the graph below:


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