Turkey’s pig iron imports up 9.1 percent in January-October

Thursday, 15 December 2016 15:35:24 (GMT+3)   |   Istanbul
       

In October this year, Turkey's pig iron imports amounted to 105,753 mt, up 29 percent compared to September and falling by 9.25 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 increased by 35 percent month on month to $28.7 million, down 7.1 percent compared to October 2015.

 


Meanwhile, in the first ten months of the current year, Turkey's pig iron imports increased by 9.1 percent to 925,009 mt, while the value of these imports decreased by 17 percent to $233.2 million, both on year-on-year basis.
 
In the January-October period this year, Turkey imported 561,013 metric tons of pig iron from Ukraine, up 47.57 percent year on year. Ukraine ranked first among Turkey's pig iron import sources in the period in question, followed by Russia which supplied 340,605 mt, down 24.62 percent year on year.
 
Turkey's pig iron import sources in the first ten months of the current year are as follows:

 

Country

Amount (mt)

     
 

Jan-Oct 2016

Jan-Oct 2015

Y-o-y change (%)

October 2016

October 2015

Y-o-y change (%)

Ukraine

561,013

380,159

47.57

48,189

54,562

-11.68

Russia

340,605

451,873

-24.62

52,664

55,465

-5.05

South Africa

26,488

26,853

-1.36

4,900

6,453

-24.07

Brazil

17,311

1,774

875.82

-

54

-

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


Similar articles

Ex-Brazil BPI exporters achieve slight rise in latest deals to US amid better scrap sentiment

28 Mar | Scrap & Raw Materials

Japanese crude steel output down 3.8 percent in February from January

27 Mar | Steel News

Price gap between low and high-phosphorus Brazilian BPI narrows in last deals

25 Mar | Scrap & Raw Materials

German crude steel output increases by 4.6 percent in January-February

25 Mar | Steel News

Ukraine’s ArcelorMittal Kryvyi Rih posts lower pig iron output due to Russia’s attacks on energy infrastructure

21 Mar | Steel News

Buyers from Turkey and Italy seek lower ex-Russia BPI prices even though scrap lacks direction

20 Mar | Scrap & Raw Materials

Turkey’s pig iron imports up 5.0 percent in January

20 Mar | Steel News

China’s crude steel output up 1.6% in Jan-Feb despite unexpectedly weak post-holiday demand

18 Mar | Steel News

Ex-Brazil BPI market at standstill due to high prices for buyers, ex-Russia sellers under strong pressure

15 Mar | Scrap & Raw Materials

Local pig iron prices in China - week 11, 2024

15 Mar | Scrap & Raw Materials