In January this year, Turkey’s cold rolled coil (CRC) imports decreased by 25.7 percent month on month and by 39.7 percent year on year to 41,737 mt, according to the data provided by the Turkish Statistical Institute (TUIK). Meanwhile, the value of these imports went down by 23.6 percent compared to the previous month and by 34.3 percent year on year to $33.93 million.
In the given month, Turkey’s CRC imports from the China amounted to 11,729 mt, down 97.2 percent year on year, while China was followed by Spain with 6,908 mt and by Russia with 6,753 mt.
Turkey’s top CRC import sources in the first month of 2024 are as follows:
Country |
Amount (mt) |
|
|
|
January 2024 |
January 2023 |
Y-o-y change (%) |
China |
11,729 |
414 |
-97.2 |
Spain |
6,908 |
1,897 |
+264.1 |
Russia |
6,753 |
21,294 |
-68.2 |
South Korea |
3,997 |
36,589 |
-89.1 |
The Netherlands |
3,829 |
545 |
-85.7 |
Belgium |
2,785 |
1,881 |
+48.0 |
France |
233 |
3,613 |
-95.5 |
Austria |
1,683 |
576 |
+192.2 |
United Kingdom |
1,075 |
852 |
+726.2 |
Sweden |
783 |
896 |
-12.6 |
Turkey’s main CRC import sources in January are as follows:
