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Türkiye's ferroalloy imports decreased by 3.3% in the January-May period

Türkiye's ferroalloy imports in May decreased by 6.7% y/y, but increased by 31.3% m/m.

Türkiye's ferroalloy imports decreased by 3.3% in the January-May period

According to data compiled by SteelRadar from the Turkish Statistical Institute (TÜİK), Türkiye's ferroalloy imports in May 2024 decreased by 6.7% compared to the same month of the previous year, dropping from 53,569 tons to 49,983 tons.

This figure was an increase of 89.74% compared to the previous month, April.

Total ferroalloy imports in the January-May period decreased by 3.3% compared to the same period of the previous year, dropping from 199,913 tons to 193,357 tons.

India topped the list of countries from which Türkiye imported the most ferroalloys during this period, with 9,987.2 tons. India was followed by Ukraine with 9,621.8 tons and Georgia with 9,145.6 tons.

The countries from which Türkiye imported ferroalloys in the aforementioned month are as follows:

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