In February this year, Turkey's cold rolled coil (CRC) imports decreased by 3.6 percent month on month to 42,211 mt, down 22.3 percent year on year, according to the data provided by the Turkish Statistical Institute (TUIK). The value of these imports was $26 million, rising by 17.7 percent compared to January and down 28.7 percent year on year.
Meanwhile, in the first two months of this year, Turkey's CRC imports amounted to 85,991 metric tons, down 24.2 percent year on year, while the revenue generated by these imports totaled $57.66 million, decreasing by 23.44 percent compared to same period of 2018.
In the January-February period, Russia ranked first among Turkey's CRC import sources, supplying 49,548 mt, up 61.91 percent year on year. Meanwhile, in the given period, Turkey's CRC imports from Japan totaled 9,876 mt.
Turkey's main CRC import sources in the January-February period are as follows:
Country |
Amount (mt) |
|
|
|
||
|
January-February 2019 |
January-February 2018 |
Change (%) |
February 2019 |
February 2018 |
Change (%) |
Russia |
49,548 |
30,603 |
61.91 |
28,520 |
12,047 |
136.74 |
Japan |
9,876 |
162 |
5996.30 |
- |
- |
- |
Romania |
7,546 |
10,999 |
-31.39 |
3,364 |
4,948 |
-32.01 |
China |
6,462 |
12,168 |
-46.89 |
4,564 |
12,055 |
-62.14 |
Netherlands |
3,605 |
4,448 |
-18.95 |
1,284 |
1,929 |
-33.44 |
Belgium |
3,586 |
18,700 |
-80.82 |
1,595 |
8,538 |
-81.32 |
Turkey's CRC import sources in the January-February period of the current year can be seen in the graph below: