Turkey’s pig iron imports up 23.6 percent in January-April

Thursday, 16 June 2016 15:16:04 (GMT+3)   |   Istanbul
       

In April this year, Turkey's pig iron imports amounted to 90,879 mt, falling by 30 percent compared to March and down 10 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 decreased by 21.2 percent month on month to $21.5 million, down 35.2 percent compared to April 2015.

Meanwhile, in the first four months of the current year, Turkey's pig iron imports increased by 23.6 percent to 396,723 mt, while the value of these imports decreased by 25 percent to $86.2 million, both on year-on-year basis.
 
In the January-April period this year, Turkey imported 233,620 metric tons of pig iron from Ukraine, up 144.36 percent year on year. Ukraine ranked first among Turkey's pig iron import sources in the period in question, followed by Russia which supplied 143,828 mt, down 32.44 percent year on year.
 
Turkey's pig iron import sources in the first four months of the current year are as follows:

 

Country

Amount (mt)

     
 

January- April 2016

January- April 2015

Y-o-y change (%)

April 2016

April 2015

Y-o-y change (%)

Ukraine

233,620

95,605

144.36

41,878

29,536

41.79

Russia

143,828

212,890

-32.44

40,472

70,278

-42.41

South Africa

16,589

3,750

342.37

7,693

-

-

Brazil

2,609

1,215

114.73

783

405

93.33

Turkey's pig iron sources in the first four 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