In June this year, Turkey's cold rolled coil (CRC) imports increased by 41.5 percent month on month to 97,826 mt and were up by 70.5 percent compared to the same month of 2015, according to the data provided by the Turkish Statistical Institute (TUIK). The value of these imports was $42.6 million, increasing by 48.3 percent compared to May and up by 37.7 percent year on year.
During the January-June period this year, Turkey's CRC imports increased by 24.6 percent to 424,425 mt, while the value of these imports amounted to $173.3 million, falling 14.1 percent, both year on year.
In the first six months of the current year, Russia ranked first among Turkey's CRC import sources, supplying 187,052 mt, up 37.3 percent year on year. Meanwhile, in the given period, Turkey's CRC imports from Ukraine totaled 81, 544 mt, up 43.3 percent compared to the same period of 2015.
Turkey's main CRC import sources in the January- June period this year are as follows:
Country | Amount (mt) | |||||
January-June 2016 | January-June 2015 | Y-o-y change (%) | June 2016 | June 2015 | Y-o-y change (%) | |
Russia | 187,052 | 136,241 | 37.3 | 53,253 | 20,353 | 161.6 |
Ukraine | 81,544 | 56,914 | 43.3 | 16,630 | 12,460 | 33.5 |
Romania | 42,219 | 41,718 | 1.2 | 10,626 | 7,455 | 42.5 |
Belgium | 40,214 | 30,168 | 33.3 | 5,583 | 3,125 | 78.7 |
South Korea | 20,085 | 15,961 | 25.8 | 1,157 | 2,613 | -55.7 |
Turkey's CRC import sources in the January- June period this year can be seen in the graph below:
