Turkey's CRC imports up 20.4 percent in January-April

Wednesday, 10 June 2020 11:36:55 (GMT+3)   |   Istanbul
       

In April this year, Turkey's cold rolled coil (CRC) imports decreased by 51.8 percent month on month to 31,125 mt, down 60.6 percent year on year, according to the data provided by the Turkish Statistical Institute (TUIK). The value of these imports was $18.04 million, decreasing by 46.7 percent compared to March and down 62 percent year on year.

Meanwhile, in January-April period of this year, Turkey's CRC imports amounted to 264,707 metric tons, up 20.4 percent year on year, while the revenue generated by these imports totalled $136.63 million, increasing by 0.7 percent compared same period of 2019.

In the first four months of this year, Russia ranked first among Turkey's CRC import sources, supplying 136,300 mt, up 4.98 percent year on year. Meanwhile, in the given period, Turkey's CRC imports from Belgium totalled 34,777 mt.

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

Country

Amount (mt)

 

 

 

 

 

 

January- April 2020

January- April 2019

Change (%)

April 2020

April 2019

Change (%)

Russia

136,300

129,834

4.98

10,534

42,425

-75.17

Belgium

34,777

17,042

104.07

2,140

11,309

-81.08

South Korea

28,534

2,826

909.70

8,802

991

788.19

Romania

26,329

19,959

31.92

1,665

7,399

-77.50

Ukraine

9,458

2,881

228.29

991

457

116.85

Netherlands

8,678

7,465

16.25

2,308

1,514

52.44

China

7,397

6,995

5.75

3,062

-

-

Italy

5,152

3,750

37.39

258

3,673

-92.98

Austria

1,486

402

269.65

182

126

44.44

Germany

1,430

4,262

-66.45

273

3,314

-91.76

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


Most Recent Related Articles

Local Turkish flat steel spot prices decrease

Import CRC business moderate in Turkey

Turkey’s HRC import volume down 17.5 percent in January-April

Turkey's coking coal imports up 8.75 percent in January-April

Turkey’s HRC exports down 36.6 percent in January-April