Turkey’s pig iron imports down 4.6 percent in January-May

Friday, 19 July 2019 16:39:18 (GMT+3)   |   Istanbul,  Istanbul
       

In May this year, Turkey's pig iron imports amounted to 135,675 mt, up 64.3 percent year on year and decreasing by 11.9 percent compared to April, 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 44.9 percent year on year to $48.52 million, down by 12.4 percent compared to the previous month.

Meanwhile, in the first five months of this year, Turkey's pig iron imports amounted to 614,807 metric tons, down 4.6 percent year on year, while the revenue generated by these imports totaled $222.9 million, decreasing by 9.1 percent compared to the same period of 2018.

In the first five months of this year, Turkey imported 448,912 metric tons of pig iron from Russia, up 7.34 percent year on year. Russia ranked first among Turkey's pig iron import sources in the period in question, followed by Ukraine which supplied 81,029 mt, down 47.39 percent year on year.
 
Turkey's pig iron import sources in the given period are as follows:

Country

Amount (mt)

   

 

 

 

 

January-May 2019

January- May 2018

Change (%)

May 2019

May 2018

Change (%)

Russia

448,912

418,199

7.34

105,481

52,367

101.43

Ukraine

81,029

154,026

-47.39

26,195

26,081

0.44

Brazil

48,152

52,830

-8.85

-

216

-

Germany

20,431

10,232

99.68

-

3,897

-

South Africa

14,000

9,000

55.56

4,000

-

-


Turkey's pig iron sources in the January-May period of this year can be seen in the graph below:


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