In July this year, Turkey's cold rolled coil (CRC) imports increased by 51.8 percent month on month to 95,903 mt, up 70.5 percent year on year, according to the data provided by the Turkish Statistical Institute (TUIK). The value of these imports was $102.71 million, increasing by 53.0 percent compared to June and up 80.4 percent year on year.
Meanwhile, in January-July period of this year, Turkey's CRC imports amounted to 412,779 metric tons, up 2.6 percent year on year, while the revenue generated by these imports totaled $434.83 million, increasing by 34.4 percent compared to the same period of 2021.
In the given period, Russia ranked first among Turkey's CRC import sources, supplying 145,917 mt, down 25.6 percent year on year. Meanwhile, in the given period, Turkey's CRC imports from South Korea totaled 104,426 mt.
Turkey's main CRC import sources in January-July are as follows:
Country |
Amount (mt) |
|
|
|
|
|
|
January-July 2022 |
January-July 2021 |
Change (%) |
July 2022 |
July 2021 |
Change (%) |
Russia |
145,917 |
195,992 |
-25.55 |
22,925 |
23,567 |
-2.72 |
South Korea |
104,426 |
44,409 |
135.15 |
29,563 |
12,526 |
136.01 |
China |
66,764 |
89,614 |
-25.50 |
32,080 |
14,170 |
126.39 |
India |
20,021 |
- |
- |
200 |
- |
- |
Netherlands |
16,236 |
17,027 |
-4.65 |
1,591 |
774 |
105.56 |
Kazakhstan |
14,188 |
- |
- |
4,582 |
- |
- |
Romania |
11,413 |
6,840 |
66.86 |
1,671 |
1,407 |
18.76 |
Belgium |
8,969 |
12,540 |
-28.48 |
817 |
1,015 |
-19.51 |
Italy |
4,485 |
5,481 |
-18.17 |
153 |
345 |
-55.65 |
France |
3,706 |
1,612 |
129.90 |
281 |
327 |
-14.07 |
Turkey's CRC import sources in January-July can be seen in the graph below:
