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Turkey increased Ukrainian pig iron imports

In November 2022, Turkey increased its monthly Ukrainian pig iron imports.

Turkey increased Ukrainian pig iron imports
Turkey, which ranks seventh in the world in steel production, increased Ukrainian pig iron imports by 26.7% per month. According to the data, between January and November 2022, Ukraine's imports to Turkish steel producers decreased by 50.3% annually. Ukraine's war played a huge role in reducing rates. Turkish steel enterprises reduced their pig iron imports by 69.8% to 15.2 thousand tons compared to November 2021. Compared to the previous month, this increased by 26.7%.
Turkey's imports to Russia, the main supplier of pig iron, increased by 53.6% in 2022 to 782.68 thousand tons, while Brazil reached 251.2 tons. 
In 2022, the pig iron production of Ukrainian steel producers decreased by 69.8% to 6.39 million tons. In December, compared to December of the previous year, pig iron production decreased by 85.7% to 247 thousand tons.

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SteelRadar Insight - Sayı 1 (Haziran 2024)

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