Turkey’s pig iron imports up 3.4 percent in Q1

Friday, 15 May 2020 16:53:45 (GMT+3)   |   Istanbul
       

In March this year, Turkey's pig iron imports amounted to 140,632 mt, up 36.7 percent year on year and increasing by 43.4 percent compared to February, 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 11.4 percent year on year to $41.63 million, up by 43.4 percent compared to the previous month.

Meanwhile, in the January-March period of this year, Turkey's pig iron imports amounted to 336,234 metric tons, up 3.4 percent year on year, while the revenue generated by these imports totaled $105.70 million, decreasing by 11.2 percent compared to the same period of 2019.

In the January-March period this year, Turkey imported 162,705 metric tons of pig iron from Russia, down 36.94 percent year on year. Russia ranked first among Turkey's pig iron import sources in the period in question, followed by Ukraine which supplied 89,481 mt, up 79.92 percent year on year.
 
Turkey's pig iron import sources in the given period are as follows:

Country

Amount (mt)

   

 

 

 

 

January-March 2020

January- March 2020

Change (%)

March 2020

March 2019

Change (%)

Russia

162,705

258,003

-36.94

46,986

94,842

-50.46

Ukraina

89,481

49,735

79.92

41,688

7,950

424.38

Brazil

46,724

216

-

46,724

-

-

Germany

27,249

9,137

198.23

198

-

-

Canada

10,035

-

 

5,034

-

 


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


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