Turkey’s pig iron imports up 31.1 percent in January-October

Friday, 16 December 2022 11:40:03 (GMT+3) |Istanbul

In October this year,Turkey’spig ironimports amounted to 59,043 mt, up 20.2 percent year on year and down 45.0 percent compared to September, according to the data provided by the Turkish Statistical Institute (TUIK). The total value ofTurkey’spig ironimports in the given month decreased by 1.6 percent year on year and by 44.3 percent month on month to $28.03 million.

Meanwhile, in the January-October period this year,Turkey’spig ironimports amounted to 1.23 million metric tons, up 31.1 percent year on year, while the revenue generated by these imports totaled $729.1 million, advancing by 37.4 percent compared to the same period of 2021.

In the January-October period this year,Turkeyimported 816,198 metric tons ofpig ironfrom Russia, up 100.9 percent year on year. Russia ranked first amongTurkey’spig ironimport sources in the period in question, followed by Brazil which supplied 250,211 mt.

Turkey’spig ironimport sources in the given period are as follows:

Country

Amount (mt)

January-October 2022

January-October 2021

Change (%)

October 2022

October 2021

Change (%)

Russia

816,198

406,363

+100.9

45,072

42,590

+5.8

Brazil

250,211

117,855

+112.3

1,969

-

-

Ukraine

133,434

237,697

-43.9

12,002

6,479

+85.2

Germany

19,844

59,787

-66.8

-

-

-

S. Africa

13,000

26,100

-50.2

-

-

-

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


Similar articles

Global BPI market expects sharp fall in coming sales to US, ex-Russia prices slip further

28 Apr |333manbetx

Local pig iron prices in China - week 17

28 Apr |333manbetx

Baosteel’s net profit decreases by 50.56 percent in Q1

28 Apr |Steel News

Turkey’s pig iron imports decrease by 21.8 percent in January-February

25 Apr |Steel News

Japanese crude steel output up 8.2 percent in Mar from Feb

25 Apr |Steel News

German crude steel output decreases by 6.6 percent in Jan-Mar

25 Apr |Steel News

Severstal’s steel output and sales down in Q1

21 Apr |Steel News

MMK’s steel output rises in Q1 amid higher demand in local market

19 Apr |Steel News

Global BPI market under pressure from bearish mood, customers well placed

14 Apr |333manbetx

Local pig iron prices in China - week 15

14 Apr |333manbetx