Turkey’s pig iron imports up 17.8 percent in H1

Friday, 26 August 2016 14:02:11 (GMT+3)   |   Istanbul
       

In June this year, Turkey's pig iron imports amounted to 102,248 mt, falling by 13.8 percent compared to May and down 2.4 percent year on year, according to the data provided by the Turkish Statistical Institute (TUIK). The total value of Turkey's pig iron imports in the given month decreased by 3.1 percent month on month to $28.4 million, down 9.4 percent compared to June 2015.

Meanwhile, in the first six months of the current year, Turkey's pig iron imports increased by 17.8 percent to 617,679 mt, while the value of these imports decreased by 19.4 percent to $143.9 million, both on year-on-year basis.
 
In the January-June period this year, Turkey imported 354,216 metric tons of pig iron from Ukraine, up 57.19 percent year on year. Ukraine ranked first among Turkey's pig iron import sources in the period in question, followed by Russia which supplied 231,524 mt, down 14.76 percent year on year.
 
Turkey's pig iron import sources in the first six months of the current year are as follows:

 

Country

Amount (mt)

     
 

Jan-Jun 2016

Jan-Jun 2015

Y-o-y change (%)

June 2016

June 2015

Y-o-y change (%)

Ukraine

354,216

225,345

57.19

69,600

84,765

-17.89

Russia

231,524

271,622

-14.76

24,016

15,761

52.38

South Africa

21,588

14,150

52.57

5,000

-

-

Germany

6,438

11,527

-44.15

2,781

1,781

56.15

Turkey's pig iron sources in the first half of 2016 can be seen in the graph below:


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