Turkey's CRC imports down 24.2 percent in January-February

Monday, 22 April 2019 16:52:53 (GMT+3)   |   Istanbul
       

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:


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