Politics

Turkey’s CRC imports down 6.7 percent in January-February


In February this year, Turkey’s cold rolled coil (CRC) imports increased by 16.7 percent month on month to 54,813 mt, up 16 percent year on year, according to the data provided by the Turkish Statistical Institute (TUIK). The value of these imports was $57.62 million, increasing by 13.4 percent compared to January and up 80.7 percent year on year.

Turkey’s CRC imports down 6.7 percent in January-February

Meanwhile, in January-February period of this year, Turkey’s CRC imports amounted to 101,758 metric tons, down 6.7 percent year on year, while the revenue generated by these imports totalled $108.42 million, increasing by 49.4 percent compared to the same period of 2021.

In the first two months of this year, Russia ranked first among Turkey’s CRC import sources, supplying 52,615 mt, down 32.9 percent year on year. Meanwhile, in the given period, Turkey’s CRC imports from China totalled 13,223 mt.

Turkey’s main CRC import sources in January-February are as follows: 

Country

Amount (mt)

 

 

 

 

 

 

January-February 2022

January-February 2021

Change (%)

February 2022

February 2021

Change (%)

Russia

52,615

78,451

-32.93

31,239

30,465

2.54

China

13,223

2,717

386.68

4,157

2,698

54.08

South Korea

10,965

4,856

125.80

8,134

498

Kazakhstan

5,640

2,812

Romania

5,030

1,141

340.84

2,576

321

702.49

Netherlands

3,906

6,470

-39.63

1,955

3,964

-50.68

Ukraine

1,990

5,987

-66.76

624

5,418

-88.48

Belgium

1,760

3,187

-44.78

793

1,287

-38.38

Italy

1,488

2,069

-28.08

161

205

-21.46

Germany

1,381

516

167.64

943

288

227.43

Turkey’s CRC import sources in January-February can be seen in the graph below:



Source link