Turkey’s pig iron imports up 72 percent in January-March
In March this year, Turkey’s pig iron imports amounted to 106,259 mt, up 25.6 percent year on year and decreasing by 32.3 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 increased by 62.0 percent year on year to $66.97 million, down by 25.2 percent compared to the previous month.
Meanwhile, in the January-March period this year, Turkey’s pig iron imports amounted to 344,847 metric tons, up 72.0 percent year on year, while the revenue generated by these imports totaled $204.44 million, increasing by 115.1 percent compared to the same period of 2021.
In the January-March period this year, Turkey imported 166,077 metric tons of pig iron from Russia, up 202.1 percent year on year. Russia ranked first among Turkey’s pig iron import sources in the period in question, followed by Ukraine which supplied 85,945 mt.
Turkey’s pig iron import sources in the given period are as follows:
|
Country |
Amount (mt) |
|
|
|
|
|
|
|
January-March 2022 |
January-March 2021 |
Change (%) |
March 2022 |
March 2021 |
Change (%) |
|
Russia |
166,077 |
54,975 |
202.10 |
70,406 |
28,549 |
146.61 |
|
Ukraine |
85,945 |
77,986 |
10.21 |
14,433 |
39,773 |
-63.71 |
|
Brazil |
83,466 |
33,000 |
152.93 |
20,362 |
– |
– |
|
Germany |
8,894 |
27,544 |
-67.71 |
900 |
9,504 |
-90.53 |
Turkey’s pig iron sources in January-March can be seen in the graph below:
