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Turkey's pig iron imports decreased

According to the Turkish Statistical Institute (TUIK), Turkey recorded a y/y decrease in the first three months of this year.

Turkey's pig iron imports decreased

According to the Turkish Statistical Institute (TurkStat), Turkey imported around 310,400 tons of pig iron in the first three months of this year, a decrease of 6.6% y-o-y. The value of imports amounted to USD 143.4 million, a decrease of 30% from a year earlier.

Among them, imports from Russia ranked first with roughly 215,400 tons, an increase of 291.8% y-o-y, followed by Ukraine with 76,600 tons.

In March alone, Turkey's pig iron imports increased by 66% on month and 18.3% on year to 129,000 tons. The value of these imports reached US$62 million, an increase of 77% m/m and a decrease of 7% y/y.

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