In April this year, Turkey's pig iron imports amounted to 90,879 mt, falling by 30 percent compared to March and down 10 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 21.2 percent month on month to $21.5 million, down 35.2 percent compared to April 2015.
Meanwhile, in the first four months of the current year, Turkey's pig iron imports increased by 23.6 percent to 396,723 mt, while the value of these imports decreased by 25 percent to $86.2 million, both on year-on-year basis.
In the January-April period this year, Turkey imported 233,620 metric tons of pig iron from Ukraine, up 144.36 percent year on year. Ukraine ranked first among Turkey's pig iron import sources in the period in question, followed by Russia which supplied 143,828 mt, down 32.44 percent year on year.
Turkey's pig iron import sources in the first four months of the current year are as follows:
Country | Amount (mt) | |||||
January- April 2016 | January- April 2015 | Y-o-y change (%) | April 2016 | April 2015 | Y-o-y change (%) | |
Ukraine | 233,620 | 95,605 | 144.36 | 41,878 | 29,536 | 41.79 |
Russia | 143,828 | 212,890 | -32.44 | 40,472 | 70,278 | -42.41 |
South Africa | 16,589 | 3,750 | 342.37 | 7,693 | - | - |
Brazil | 2,609 | 1,215 | 114.73 | 783 | 405 | 93.33 |
Turkey's pig iron sources in the first four months of 2016 can be seen in the graph below:
