16/06/14 – Turkish pig iron imports almost double in April from March
According to the data provided by the Turkish Statistical Institute, In April this year, Turkey’s pig iron imports amounted to 99,543 MT increasing by 91.43% MoM and up 93.26% YoY. The total value of Turkey’s pig iron imports in the given month was USD 42.01 million, up 83.29% MoM and increasing by 86.79% compared to April 2013.
According to the data for April this year, the average price for Turkish pig iron imports in the given month was USD 422.05 per MT decreasing from the average of USD 440.79 per MT recorded in March.
Meanwhile, in the first four months of the current year, Turkey’s pig iron imports increased by 7.91% to 354,808 MT while the value of these imports rose 10.66% to USD 151.83 million both on YoY basis.
In the first four months of this year, Turkey imported 216,438 tonnes of pig iron from Ukraine up 5.51% YoY. Ukraine ranked first among Turkey’s pig iron import sources in the period in question, followed by Russia which supplied 110,914 MT up 7.83% YoY. Meanwhile, in April this year, Ukraine was Turkey’s leading source of pig iron imports, supplying 53,984 tonnes.
Source – SteelOrbis.com