17/04/14 – Turkey’s February pig iron imports plunge by 53pct

According to data released by the Turkish Statistical Institute, Turkey imported 65,082 tonnes of pig iron in February, dropping significantly by 53.63% from a month earlier and decreasing by 51.44% YoY.

The import price of pig iron was averaged at USD 422.64 per tonne down from USD 429.79 per tonne in January. In the first two months of this year, Turkey’s imports of pig iron amounted to 203,267 tonnes jumping by 5.93 YoY.

In the given period of time, the country’s import values generated by pig iron totaled USD 86.9 million, increasing by 10.46% Yoy. Among them, Ukraine was the largest exporter of pig iron to Turkey with 147,083 tonnes, soaring by 40.04% and Russia was the second largest one with 43,846 tonnes decreasing by 42.07% both compared to that in the same period of a year earlier.

Source – www.yieh.com (www.steelguru.com)