Turkey’s pig iron imports down 6.6 percent in January-March

In March this year, Turkey’s pig iron imports amounted to 129,222 mt, up 18.3 percent year on year and increasing by 66.1 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 decreased by 7.1 percent year on year to $62.2 million, up by 77.4 percent compared to the previous month.

Meanwhile, in the January-March period this year, Turkey’s pig iron imports amounted to 310,401 metric tons, down 6.6 percent year on year, while the revenue generated by these imports totaled $143.35 million, decreasing by 29.9 percent compared to the same period of 2022.

In the January-March period this year, Turkey imported 215,395 metric tons of pig iron from Russia, up 291.8 percent year on year. Russia ranked first among Turkey’s pig iron import sources in the period in question, followed by Ukraine which supplied 76,579 mt.

Turkey’s pig iron import sources in the given period are as follows: