Turkey’s pig iron imports up 31.7 percent in January-September

Wednesday, 16 November 2022 13:32:35 (GMT+3)   |   Istanbul
       

In September this year, Turkey's pig iron imports amounted to 107,440 mt, down 11.7 percent year on year and decreasing by 27.3 percent compared to August, 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 32.3 percent year on year to $50.28 million, down by 33.6 percent compared to the previous month.

Meanwhile, in the January-September period this year, Turkey's pig iron imports amounted to 1.17 million metric tons, up 31.7 percent year on year, while the revenue generated by these imports totaled $701.07 million, increasing by 39.6 percent compared to the same period of 2021.

In the January-September period this year, Turkey imported 771,127 metric tons of pig iron from Russia, up 111.9 percent year on year. Russia ranked first among Turkey's pig iron import sources in the period in question, followed by Brazil which supplied 248,242 mt.

Turkey's pig iron import sources in the given period are as follows:

Country

Amount (mt)

 

 

 

 

 

 

January-September 2022

January-September 2021

Change (%)

September 2022

September 2021

Change (%)

Russia

771,127

363,773

111.98

71,409

99,309

-28.09

Brazil

248,242

117,855

110.63

36,031

-

-

Ukraine

121,432

231,218

-47.48

­-

22,350

-

Germany

19,844

59,787

-66.81

-

-

-

S. Africa

13,000

26,100

-50.19

-

-

-

Turkey's pig iron sources in January-September 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