Turkey's CRC imports down 20.2 percent in January-May

Wednesday, 17 July 2019 15:15:16 (GMT+3)   |   Istanbul
       

In May this year, Turkey's cold rolled coil (CRC) imports decreased by 6.2 percent month on month to 74,017 mt, down 36.2 percent year on year, according to the data provided by the Turkish Statistical Institute (TUIK). The value of these imports was $43.60 million, decreasing by 8.2 percent compared to April and down 44 percent year on year.

Meanwhile, in the first five months of this year, Turkey's CRC imports amounted to 293,957 metric tons, down 20.2 percent year on year, while the revenue generated by these imports totaled $181.14 million, decreasing by 26 percent compared to same period of 2018.

In the January-May period, Russia ranked first among Turkey's CRC import sources, supplying 159,685 mt, down 1.4 percent year on year. Meanwhile, in the given period, Turkey's CRC imports from Romania totaled 28,198 mt.

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

Country

Amount (mt)

   

 

 

 

 

January-May 2019

January- May 2018

Change (%)

May 2019

May 2018

Change (%)

Russia

159,685

161,915

-1.38

29,850

65,438

-54.38

Romania

28,198

33,966

-16.98

8,237

8,099

1.70

Belgium

22,750

36,341

-37.40

5,707

3,765

51.58

Japan

15,765

389

-

-

171

-

Germany

14,030

11,788

19.02

9,766

1,217

702.47

Italy

11,936

6,967

71.32

8,186

1,414

478.93


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


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