Turkey’s pig iron imports fall in Jan-Sep y-o-y

Posted on 24 November 2021

According to the Turkish Statistical Institute (TUIK), Turkey's pig iron imports totaled around 892,000 tons in the first nine months of this year, sliding by 3.1% compared to the same period a year ago. The import value was around US$502.2 million, a year-on-year growth of 70.8%.

Among them, the top three import sources were Russia (roughly 363,800 tons, a year-on-year decrease of 28.1%), Ukraine (roughly 231,200 tons, a year-on-year drop of 0.73%), and Brazil (roughly 117,900 tons, a year-on-year hike of 52.7%).

In September alone, Turkey imported around 121,700 tons of pig iron, falling by 15.3% month on month while rising by nearly 95% year on year. The import value had a month-on-month decrease of 16.7% and a year-on-year surge of 253% to approximately US$74.3 million.     

Source : Yieh