Turkey's CRC imports up 18.9 percent in January-August

Tuesday, 13 October 2020 12:13:42 (GMT+3)   |   Istanbul
       

In August this year, Turkey's cold rolled coil (CRC) imports increased by 4.8 percent month on month to 64,632 mt, up 14.4 percent year on year, according to the data provided by the Turkish Statistical Institute (TUIK). The value of these imports was $33.3 million, increasing by 12.7 percent compared to July and down 0.8 percent year on year.

Meanwhile, in the first eight months of this year, Turkey's CRC imports amounted to 532,502 metric tons, up 18.9 percent year on year, while the revenue generated by these imports totalled $274.5 million, increasing by 0.3 percent compared to the same period of 2019.

In the first eight months of this year, Russia ranked first among Turkey's CRC import sources, supplying 323.323 mt, up 41.6 percent year on year. Meanwhile, in the given period, Turkey's CRC imports from Belgium totalled 54,896 mt.

Turkey's main CRC import sources in January-August are as follows: 

Country

Amount (mt)

 

 

 

 

 

 

January- August 2020

January- August 2019

Change (%)

August 2020

August 2019

Change (%)

Russia

323,323

228,273

41.64

49,342

27,795

77.52

Belgium

54,896

32,780

67.47

4,528

3,508

29.08

South Korea

40,805

7,621

435.43

1,047

1,425

-26.53

Romania

30,042

47,791

-37.14

409

7,739

-94.72

China

28,048

13,160

113.13

5,571

2,688

107.25

Ukraine

12,930

11,258

14.85

865

-

-

Netherlands

12,725

14.998

-15.16

1,415

1,723

-17.88

Italy

10,737

32,601

-67.07

-

9,244

-

Japan

3,523

15,777

-77.67

-

12

-

Sweden

2,925

3,351

-12.71

232

333

-30.33

Turkey's CRC import sources in January-August can be seen in the graph below:


Similar articles

US sheet prices tick up modestly ahead of Easter weekend

28 Mar | Scrap & Raw Materials

Flat steel prices in local Taiwanese market - week 13, 2024

28 Mar | Flats and Slab

Ex-India HDG and CRC prices edge down, trade remains in doldrums

28 Mar | Flats and Slab

Ex-China CRC offer prices fail to recover amid futures price drop

27 Mar | Flats and Slab

CRC consumption in Mexico up 23.4 percent in January

26 Mar | Steel News

CRC import price offers stable in Brazil

25 Mar | Flats and Slab

Indian CRC prices stable amid thin trading and negative manufacturing outlook

25 Mar | Flats and Slab

Stocks of main finished steel products in China down 0.6 percent in mid-March

25 Mar | Steel News

US flats source believe HRC prices are “at or near the bottom”

22 Mar | Flats and Slab

Romania’s sole flats mill cuts HRC prices, raises HDG and PPGI prices

22 Mar | Flats and Slab