Turkey’s pig iron imports down 10.5 percent in January-June

Wednesday, 16 August 2023 11:16:19 (GMT+3)   |   Istanbul
       

In June this year, Turkey’s pig iron imports amounted to 65,838 mt, down by 67.2 percent year on year and by 62.0 percent compared to May, according to the data provided by the Turkish Statistical Institute (TUIK). The total value of Turkey’s pig iron imports in the given month fell by 77.9 percent year on year and by 64.0 percent month on month to $30.24 million.

Meanwhile, in the January-June period this year, Turkey’s pig iron imports amounted to 692,530 mt, down 10.5 percent year on year, while the revenue generated by these imports totaled $329.89 million, decreasing by 34.8 percent compared to the same period of 2022.

In the given period, Turkey imported 433,229 mt of pig iron from Russia, down 2.8 percent year on year. Russia ranked first among Turkey’s pig iron import sources in the same period, followed by Ukraine which supplied 76,579 mt.

Turkey’s pig iron import sources in the given period are as follows:

Country

Amount (mt)

 

 

 

 

 

 

January-June 2023

January-June 2022

Change (%)

June 2023

June 2022

Change (%)

Russia

433,229

445,601

-2.8

65,838

133,947

-50.8

Ukraine

76,579

99,929

-23.4

-

11,219

-

India

73,907

-

-

-

-

-

Brazil

54,762

205,665

-73.4

-

55,000

-

Turkey’s main pig iron sources on country basis in the January-June period of this year are presented below:


Similar articles

Ex-Brazil BPI prices stable as exporters wait for next US purchases, ex-Russia BPI softens

17 May | Scrap & Raw Materials

China’s crude steel output falls at faster pace in Jan-Apr, providing some support for prices

17 May | Steel News

Turkey’s pig iron imports increase by 50.7 percent in January-March

15 May | Steel News

Ukraine’s ArcelorMittal Kryvyi Rih manages to increase output in April with modernization works

14 May | Steel News

Ex-Russia BPI prices up in latest deals to two destinations, supply pressure eases gradually

13 May | Scrap & Raw Materials

Brazilian BPI exporters face resistance to higher prices amid no improvement in US market

13 May | Scrap & Raw Materials

Ukraine’s Zaporizhstal sees higher pig iron and crude steel outputs in Jan-Apr

13 May | Steel News

Ukraine’s pig iron output up 25.1 percent in Jan-Apr

10 May | Steel News

Brazilian pig iron exports decreased in April

10 May | Steel News

Ex-Russia BPI corrects up in line with general market mood, buyers still resist

03 May | Scrap & Raw Materials