In February this year, Turkey's cold rolled coil (CRC) imports decreased by 23.6 percent month on month to 47,245 mt, down 27.8 percent year on year, according to the data provided by the Turkish Statistical Institute (TUIK). The value of these imports was $31.89 million, decreasing by 21.6 percent compared to January and down 4.3 percent year on year.
Meanwhile, in the first two months of this year, Turkey's CRC imports amounted to 109,095 metric tons, down 35.5 percent year on year, while the revenue generated by these imports totalled $72.55 million, decreasing by 14.4 percent compared to the same period of 2020.
In the first two months of this year, Russia ranked first among Turkey's CRC import sources, supplying 78,451 mt, down 14.1 percent year on year. Meanwhile, in the given period, Turkey's CRC imports from the Netherlands totalled 6,470 mt.
Turkey's main CRC import sources in January-February are as follows:
Country |
Amount (mt) |
|
|
|
|
|
|
January-February 2021 |
January-February 2020 |
Change (%) |
February 2021 |
February 2020 |
Change (%) |
Russia |
78,451 |
91,332 |
-14.10 |
30,465 |
44,197 |
-31.07 |
Netherlands |
6,470 |
5,343 |
21.09 |
3,965 |
1,916 |
106.94 |
Ukraine |
5,987 |
7,796 |
-23.20 |
5,419 |
1,589 |
241.03 |
South Korea |
4,857 |
8,792 |
-44.76 |
498 |
1,431 |
-65.20 |
Belgium |
3,189 |
29,101 |
-89.04 |
1,288 |
6,285 |
-79.51 |
China |
2,718 |
4,335 |
-37.30 |
2,699 |
2,775 |
-2.74 |
Italy |
2,070 |
4,192 |
-50.62 |
205 |
2,775 |
-92.61 |
Austria |
1,267 |
688 |
84.16 |
786 |
417 |
88.49 |
Sweden |
1,157 |
273 |
323.81 |
550 |
224 |
145.54 |
Romania |
1,141 |
14,068 |
-91.89 |
321 |
3,270 |
-90.18 |
Turkey's CRC import sources in January-February can be seen in the graph below: