Turkey’s pig iron imports down 7.9 percent in January-July

Wednesday, 20 September 2023 12:31:32 (GMT+3)   |   Istanbul
       

In July this year, Turkey’s pig iron imports amounted to 134,330 mt, up by 8.4 percent year on year and by 104.0 percent compared to the previous month, according to the data provided by the Turkish Statistical Institute (TUIK). The total value of Turkey’s pig iron imports in the given month grew by 89.7 percent year on year and by 64.0 percent month on month to $57.35 million.

Meanwhile, in the January-July period this year, Turkey’s pig iron imports amounted to 826,860 mt, down 7.9 percent year on year, while the revenue generated by these imports totaled $387.25 million, decreasing by 32.7 percent compared to the same period of 2022.

In the given period, Turkey imported 586,647 mt of pig iron from Russia, up 3.1 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-July 2023

January-July 2022

Change (%)

July 2023

July 2022

Change (%)

Russia

586,647

568,948

+3.1

119,067

123,347

-3.5

Ukraine

76,579

100,030

-23.4

-

101

-

India

73,907

-

-

-

-

-

Brazil

54,762

205,665

-73.4

-

-

-

Turkey’s main pig iron sources on country basis in the January-July 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