SteelOrbis

Turkey's CRC imports up 16.2 percent in 2016

Friday, 17 February 2017 13:49:00 (GMT+3)   -   Istanbul
SteelOrbis News

In December last year, Turkey's cold rolled coil (CRC) imports decreased by 11 percent to 54,239 mt compared to the previous month and were up 35.7 percent year on year, according to the data provided by the Turkish Statistical Institute (TUIK). The value of these imports was $26.7 million, decreasing by 9.5 percent month on month and up 51.6 percent year on year.


 
In 2016, Turkey's CRC imports increased by 16.2 percent to 772,000 mt, while the value of these imports amounted to $349.3 million, falling three percent, both year on year.
 
Last year, Russia ranked first among Turkey's CRC import sources, supplying 342,213 mt, up 26.01 percent year on year. Meanwhile, in the given period, Turkey's CRC imports from Ukraine totaled 137,499 mt, rising by 21.11 percent compared to the same period of 2015.
 
Turkey's main CRC import sources last year are as follows:

 

Country

Amount (mt)

     
 

Jan-Dec

2016

Jan-Dec

2015

Y-o-y change (%)

December 2016

December 2015

Y-o-y change (%)

Russia

342,213

271,576

26.01

27,020

7,809

246.01

Ukraine

137,499

113,531

21.11

9,728

6,375

52.60

Romania

80,597

72,097

11.79

4,151

5,934

-30.05

Belgium

61,077

49,096

24.40

1,992

4,215

-52.74

South Korea

43,567

46,685

-6.68

1,155

5,438

-78.76

Turkey's CRC import sources last year can be seen in the graph below:


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