In October this year, Turkey's cold rolled coil (CRC) imports decreased by 10.9 percent month on month to 38,911 mt, down 28.8 percent year on year, according to the data provided by the Turkish Statistical Institute (TUIK). The value of these imports was $20.47 million, decreasing by 11.7 percent compared to September and down 37.5 percent year on year.
Meanwhile, in the first ten months of this year, Turkey's CRC imports amounted to 615,092 metric tons, up 10.5 percent year on year, while the revenue generated by these imports totalled $318.12 million, decreasing by 5.9 percent compared to the same period of 2019.
In the first ten months of this year, Russia ranked first among Turkey's CRC import sources, supplying 371,124 mt, up 30.10 percent year on year. Meanwhile, in the given period, Turkey's CRC imports from Belgium totalled 62,532 mt.
Turkey's main CRC import sources in January-October are as follows:
Country |
Amount (mt) |
|
|
|
|
|
|
January-October 2020 |
January-October 2019 |
Change (%) |
October 2020 |
October 2019 |
Change (%) |
Russia |
371,124 |
285,255 |
30.10 |
17,235 |
30,347 |
-43.21 |
Belgium |
62,532 |
50,551 |
23.70 |
1,024 |
9,770 |
-89.52 |
South Korea |
50,415 |
11,045 |
356.45 |
8,727 |
1,952 |
347.08 |
China |
34,836 |
15,165 |
129.71 |
6,467 |
1,534 |
321.58 |
Romania |
30,577 |
58,623 |
-47.84 |
- |
4,699 |
- |
Netherlands |
16,315 |
18,834 |
-13.37 |
1,344 |
1,562 |
-13.96 |
Ukraine |
13,969 |
11,720 |
19.19 |
1,039 |
462 |
124.89 |
Italy |
12,307 |
39,981 |
-69.22 |
588 |
2,211 |
-73.41 |
Japan |
3,523 |
15,778 |
-77.67 |
- |
- |
- |
Sweden |
3,506 |
4,465 |
-21.48 |
287 |
682 |
-57.92 |
Turkey's CRC import sources in January-October can be seen in the graph below:
