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:


Tags: Crc Flats Turkey Europe 

Similar articles

Flat steel prices in local Taiwanese market - week 16, 2024

18 Apr | Flats and Slab

Mexican CRC consumption up 30.4 percent in February

17 Apr | Steel News

Ex-China CRC offer prices edge up amid better sentiment locally

17 Apr | Flats and Slab

Turkish flats prices generally stabilize after holiday

16 Apr | Flats and Slab

Stocks of main finished steel products in China down 4.8% in early April

16 Apr | Steel News

US CRC exports down 0.2 percent in February

15 Apr | Steel News

Ex-China steel plate prices increase on back of stronger local market

15 Apr | Flats and Slab

Local Indian CRC prices stable as more re-rollers conclude long-term supply deals

15 Apr | Flats and Slab

US flat steel prices steady as higher mill offers fail to deliver price gains

12 Apr | Flats and Slab

HDG and CRC prices in EU decrease further, higher buyers' pressure on CRC

12 Apr | Flats and Slab