Turkey’s pig iron imports up 32 percent in January-August

Thursday, 04 October 2012 16:48:30 (GMT+3)   |  
       

According to the customs statistics provided by the Turkish Statistical Institute (TUIK), in August this year Turkey's pig iron imports amounted to 89,360 metric tons, decreasing 24 percent compared to the previous month and down 44.1 percent compared to the same month of 2011. The TUIK data shows that in August this year, Turkish pig iron imports fell to June level, following a month-on-month increase recorded in July.

Turkey's top pig iron source in August this year with 65,825 mt was Ukraine, increasing its pig iron exports to Turkey by 20.3 percent compared to the same month of 2011. Meanwhile, Russia's pig iron exports to Turkey in August decreased to 12,020 mt, falling by 73.2 percent compared to August 2011.

In the first eight months of this year, Turkey imported 936,528 mt of pig iron, increasing 32 percent compared to the same period of the previous year. The value of Turkish pig iron imports in January-August was $446.5 million, up 17.9 percent compared to the same period last year, according to the TUIK data.


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