In June this year, Turkey's pig iron imports amounted to 102,248 mt, falling by 13.8 percent compared to May and down 2.4 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 decreased by 3.1 percent month on month to $28.4 million, down 9.4 percent compared to June 2015.
Meanwhile, in the first six months of the current year, Turkey's pig iron imports increased by 17.8 percent to 617,679 mt, while the value of these imports decreased by 19.4 percent to $143.9 million, both on year-on-year basis.
In the January-June period this year, Turkey imported 354,216 metric tons of pig iron from Ukraine, up 57.19 percent year on year. Ukraine ranked first among Turkey's pig iron import sources in the period in question, followed by Russia which supplied 231,524 mt, down 14.76 percent year on year.
Turkey's pig iron import sources in the first six months of the current year are as follows:
Country | Amount (mt) | |||||
Jan-Jun 2016 | Jan-Jun 2015 | Y-o-y change (%) | June 2016 | June 2015 | Y-o-y change (%) | |
Ukraine | 354,216 | 225,345 | 57.19 | 69,600 | 84,765 | -17.89 |
Russia | 231,524 | 271,622 | -14.76 | 24,016 | 15,761 | 52.38 |
South Africa | 21,588 | 14,150 | 52.57 | 5,000 | - | - |
Germany | 6,438 | 11,527 | -44.15 | 2,781 | 1,781 | 56.15 |
Turkey's pig iron sources in the first half of 2016 can be seen in the graph below:
