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: