In August this year, Turkey's pig iron imports amounted to 147,829 mt, up 2.9 percent year on year and increasing by 14.2 percent compared to July, 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 15.1 percent year on year to $75.69 million, up by 9.4 percent compared to the previous month.
Meanwhile, in the January-August period this year, Turkey's pig iron imports amounted to 1.07 million metric tons, up 38.7 percent year on year, while the revenue generated by these imports totaled $650.78 million, increasing by 52.2 percent compared to the same period of 2021.
In the January-August period this year, Turkey imported 699,718 metric tons of pig iron from Russia, up 164.6 percent year on year. Russia ranked first among Turkey's pig iron import sources in the period in question, followed by Brazil which supplied 212,211 mt.
Turkey's pig iron import sources in the given period are as follows:
Country |
Amount (mt) |
|
|
|
|
|
|
January-August 2022 |
January-August 2021 |
Change (%) |
August 2022 |
August 2021 |
Change (%) |
Russia |
699,718 |
264,464 |
164.58 |
110,670 |
66,890 |
65.45 |
Brazil |
212,211 |
117,855 |
80.06 |
6,546 |
1,100 |
495.09 |
Ukraine |
121,432 |
208,443 |
-41.74 |
20,903 |
13,044 |
60.25 |
Germany |
19,844 |
59,766 |
-66.80 |
1,710 |
- |
- |
S. Africa |
13,000 |
26,100 |
-50.19 |
8,000 |
11,000 |
-27.27 |
Turkey's pig iron sources in January-August can be seen in the graph below:
