Turkey’s pig iron imports down 9.6 percent in January-April

Thursday, 25 June 2015 17:01:43 (GMT+3)   |   Istanbul

In April this year, Turkey's pig iron imports amounted to 100,624 mt, rising by 1.08 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 was $33.2 million, down 20.9 percent compared to April 2014.

Meanwhile, in the first four months of last year, Turkey's pig iron imports declined by 9.6 percent to 320,810 mt, while the value of these imports decreased by 24.2 percent to $115.1 million, both on year-on-year basis.

In the January-April period this year, Turkey imported 212,890 metric tons of pig iron from Russia, up 91.94 percent year on year. Russia ranked first among Turkey's pig iron import sources in the period in question, followed by Ukraine which supplied 95,605 mt, down 55.83 percent year on year.

Turkey's pig iron import sources in the first four months of 2015 are as follows:

 

Country

Amount (mt)

         
 

January- April 2015

January- April 2014

Y-o-y change (%)

April 2015

April 2014

Y-o-y change (%)

Russia

212,890

110,914

91.94

70,278

32,169

118.46

Ukraine

95,605

216,438

-55.83

29,536

53,984

-45.29

Germany

7,301

529

-

405

-

-

South Africa

3,750

25,850

-85.49

-

12,850

-

Brazil

1,215

270

350.00

405

270

50.00

Turkey's pig iron sources in the first four months of 2015 can be seen in the graph below:


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