According to the customs statistics provided by the Turkish Statistical Institute (TUIK), in August this year Turkey's pig iron imports amounted to 159,788 metric tons, increasing by 46.34 percent as compared to July this year.
In August, Turkey's average pig iron import price stood at $539.44/mt, decreasing by three percent or $15.75/mt compared to the previous month.
In January-August period of the current year, Turkey imported 709,380 mt of pig iron, up 212.7 percent compared to the same period last year, with an average import price of $534/mt. The figure increased by 18.6 percent or $83/mt compared to the same period last year.
Turkey's top pig iron source in August this year was Ukraine which exported 54,729 mt of pig iron to Turkey, with an increase of 74 percent compared to July this year. Meanwhile, Russia which was Turkey's top pig iron source in the previous months, exported 44,904 mt of pig iron to Turkey in August, decreasing 37 percent from July levels.