In May this year, Turkey's cold rolled coil (CRC) imports increased by 14 percent month on month to 68,916 metric tons and were up by 23.8 percent compared to the same month of 2015, according to the data provided by the Turkish Statistical Institute (TUIK). The value of these imports was $28.7 million, falling by 5.9 percent compared to April and down by 7.55 percent year on year.
During the January-May period this year, Turkey's CRC imports increased by 15.4 percent to 326,597 mt, while the value of these imports amounted to $130.7 million, falling 23.3 percent, both year on year.
In the first five months of the current year, Russia ranked first among Turkey's CRC import sources, supplying 133,799 metric tons, up 15.45 percent year on year. Meanwhile, in the given month, Turkey's CRC imports from Ukraine totaled 64,914 metric tons, up 46.03 percent compared to the same period of 2015.
Turkey's main CRC import sources in the January-May period this year are as follows:
Country | Amount (mt) | |||||
January-May 2016 | January-May 2015 | Y-o-y change (%) | May 2016 | May 2015 | Y-o-y change (%) | |
Russia | 133,799 | 115,889 | 15.45 | 30,115 | 22,713 | 32.59 |
Ukraine | 64,914 | 44,453 | 46.03 | 13,246 | 11,900 | 11.31 |
Belgium | 34,631 | 18,418 | 88.03 | 7,843 | 4,545 | 72.56 |
Romania | 31,593 | 20,766 | 52.14 | 6,181 | 7,673 | -19.44 |
South Korea | 18,928 | 7,617 | 148.50 | 2,252 | 1,613 | 39.62 |
Turkey's CRC import sources in the January-May period this year can be seen in the graph below:
