Turkey’s pig iron imports up 34.8 percent in January-October

Tuesday, 25 December 2018 17:12:51 (GMT+3)   |   Istanbul

In October this year, Turkey's pig iron imports amounted to 134,782 mt, up 0.6 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 increased by 5.6 percent year on year to $53.1 million.

In the first ten months of the current year, Turkey's pig iron imports increased by 34.8 percent to 1.13 million mt, while the revenue from these imports amounted to $443.13 million, up 49 percent, both year on year.

In the January-October period, Turkey imported 667,577 metric tons of pig iron from Russia, up 25.13 percent year on year. Russia ranked first among Turkey's pig iron import sources in the period in question, followed by Ukraine which supplied 280,278 mt, up 76.28 percent year on year.
 
Turkey's pig iron import sources in the given period are as follows:

Country

Amount (mt)

 

 

 

 

 

 

Jan-Oct

2018

Jan-Oct

2017

Y-o-y change (%)

October 2018

October 2017

Y-o-y change (%)

Russia

667.577

533.514

25,13

68.566

77.804

-11,87

Ukraine

280.278

158.997

76,28

33.537

8.198

309,09

Brazil

157.545

48.093

227,58

32.577

39.430

-17,38

Turkey's pig iron sources in the January-October period can be seen in the graph below:

DemetKazdal
Demet Kazdal
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After graduating from Boğaziçi University with a degree in English Language and Literature, I have spent the past 15 years developing deep expertise in the steel industry. At SteelOrbis, I serve as Head of Content Department. I write and edit comprehensive news and reports on steel markets, with a primary focus on the Turkish market as well as global market dynamics.

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