Turkey's CRC imports down 25.4 percent in Q1

Thursday, 16 May 2019 11:11:34 (GMT+3)   |   Istanbul
       

In March this year, Turkey's cold rolled coil (CRC) imports increased by 30.7 percent month on month to 55,181 mt, down 26.9 percent year on year, according to the data provided by the Turkish Statistical Institute (TUIK). The value of these imports was $32.5 million, rising by 25.1 percent compared to February and down 33.1 percent year on year.

Meanwhile, in the first three months of this year, Turkey's CRC imports amounted to 141,006 metric tons, down 25.4 percent year on year, while the revenue generated by these imports totaled $90.05 million, decreasing by 27.4 percent compared to same period of 2018.

In the January-March period, Russia ranked first among Turkey's CRC import sources, supplying 87,410 mt, up 32.9 percent year on year. Meanwhile, in the given period, Turkey's CRC imports from Romania totaled 12,561 mt.

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

Country

Amount (mt)

   

 

 

 

 

January-March 2019

January- March 2018

Change (%)

March 2019

March 2018

Change (%)

Russia

87,410

65,766

32.91

37,861

35,163

7.67

Romania

12,561

17,924

-29.92

5,015

6,925

-27.58

Japan

9,713

162

-

-

-

-

China

6,995

12,168

-42.51

534

-

-

Netherlands

5,952

6,465

-7.94

2,346

2,017

16.31

Belgium

5,732

28,678

-80.01

2,147

9,977

-78.48


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


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