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Türkiye's pig iron imports from Ukraine decreased

According to the Turkish Statistical Institute, in the first eight months of 2023, Turkish steelmakers reduced imports of pig iron from Ukraine by 36.7% to 76.58 thousand tonnes.

Türkiye's pig iron imports from Ukraine decreased

There were no pig iron imports from Ukraine, especially in August. In the same period, Türkiye's total pig iron imports decreased by 16.3% y-o-y to 896.77 thousand tonnes.

The Russian Federation remains the main supplier with 621.45 thousand tonnes, down 8.2% y-o-y. Ukraine is the second largest source and India is the third largest supplier with 73.91 thousand tonnes.

In August 2023, a significant decrease in imports was recorded at 42.91 thousand tonnes, down 69.5% y-o-y and 68.1% m-o-m.

Turkish steel mills reduced pig iron imports from Ukraine by 46.7% in 2022 due to disruptions caused by the conflict and the embargo imposed on Ukrainian ports. Despite this, Türkiye's total pig iron imports in 2022 increased by 13.3% compared to 2021 and reached 1.35 million tonnes.

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SteelRadar Insight - Sayı 1 (Haziran 2024)

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