In November last year, Turkey's cold rolled coil (CRC) imports increased by 4.7 percent to 60,924 mt compared to the previous month and were up five percent year on year, according to the data provided by the Turkish Statistical Institute (TUIK). The value of these imports was $29.5 million, increasing by one percent month on month and up 9.8 percent year on year.
During the January-November period last year, Turkey's CRC imports increased by 14.9 percent to 717,761 mt, while the value of these imports amounted to $322.5 million, falling 5.6 percent, both year on year.
In the first ten months of the current year, Russia ranked first among Turkey's CRC import sources, supplying 315,193 mt, up 19.5 percent year on year. Meanwhile, in the given period, Turkey's CRC imports from Ukraine totaled 127,771 mt, rising by 19.24 percent compared to the same period of 2015.
Turkey's main CRC import sources in the January-November period last year are as follows:
Country | Amount (mt) | |||||
Jan-Nov 2016 | Jan-Nov 2015 | Y-o-y change (%) | November 2016 | November 2015 | Y-o-y change (%) | |
Russia | 315,193 | 263,766 | 19.50 | 24,369 | 16,742 | 45.56 |
Ukraine | 127,771 | 107,155 | 19.24 | 15,541 | 10,520 | 47.73 |
Romania | 76,445 | 66,163 | 15.54 | 6,106 | 4,946 | 23.45 |
Belgium | 59,084 | 44,881 | 31.65 | 2,177 | 2,612 | -16.65 |
South Korea | 42,411 | 41,246 | 2.82 | 2,876 | 16,901 | -82.98 |
Turkey's CRC import sources in the January-November period last year can be seen in the graph below:
