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According to the latest data of KR R/D32 steel Türkiye Statistics Bureau (TUIK), from January to May 2025, Türkiye's total pig iron import will reach 933500 tons, up 40% year on year; The import amount reached 342.5 million US dollars, a year-on-year increase of 18.9%. In May alone, Türkiye imported 233900 tons of pig iron, down 7.6% month on month, but up 107.6% year on year; The import amount was 86.85 million US dollars, KR R/D32 steel a decrease of 5.2% month on month and a significant increase of 342.5% year-on-year.
From the perspective of import source, Russia is still Türkiye's largest pig iron supplier. From January to May, Russia exported 672600 tons of pig iron to Türkiye, up 40.65% year on year; Next is Kazakhstan, with an export volume of 107600 tons, while Germany ranks third with an export volume of 56000 tons.
On the whole, KR R/D32 steel although the price of pig iron fluctuated, Türkiye's pig iron import has maintained a rapid growth since this year, which is mainly affected by the recovery of market demand and the adjustment of some supply chains.
