Turkey’s pig iron imports up 38.9 percent in January-March

Tuesday, 31 May 2016 14:22:03 (GMT+3)   |   Istanbul
       

In March this year, Turkey's pig iron imports amounted to 129,956 mt, rising by 25.3 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 was $27.3 million, down 22.6 percent compared to March 2015.


 
Meanwhile, in the first quarter of the current year, Turkey's pig iron imports increased by 38.9 percent to 305,842 mt, while the value of these imports decreased by 21 percent to $64.7 million, both on year-on-year basis.
 
In the January-March period this year, Turkey imported 191,741 metric tons of pig iron from Ukraine, up 190.21 percent year on year. Ukraine ranked first among Turkey's pig iron import sources in the period in question, followed by Russia which supplied 103,355 mt, down 27.53 percent year on year.
 
Turkey's pig iron import sources in the first three months of the current year are as follows:

 

Country

Amount (mt)

     
 

January- March 2016

January- March 2015

Y-o-y change (%)

March 2016

March 2015

Y-o-y change (%)

Ukraine

191,741

66,069

190.21

73,543

20,459

259.47

Russia

103,355

142,612

-27.53

47,531

76,453

-37.83

South Africa

8,895

3,750

137.20

8,800

-

-

Brazil

1,826

810

125.43

81

405

-80.00

Turkey's pig iron sources in the first quarter of 2016 can be seen in the graph below:


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