Turkey's pig iron imports concentrate on fewer suppliers as Russia strengthens leadership

According to preliminary data from the Turkish Statistical Institute (TUIK), Turkey's pig iron imports totaled 252,114 metric tons in May this year, up 22.6 percent from April and up 7.8 percent year on year. Meanwhile, the value of these imports was $99.30 million, an increase of 35.6 percent month-on-month and 14.3 percent year-on-year.

In the first five months of the year, Turkey's pig iron imports totaled 1.07 million tons, up 15.0 percent, while the value of these imports increased 12.9 percent to $386.90 million in both cases. year.

Imports of cast iron to Turkey - Last 12 months

In January-May 2025, Russia, Kazakhstan, Germany, Indonesia and India stood out among the main sources of imports of cast iron to Turkey, while in the same period of 2026 the supply structure began to concentrate among a narrower group of countries. Imports from Russia increased 39.9 percent year-on-year to 941,015 tons, further strengthening the country's position as the largest supplier, while imports from Ukraine rose 38.6 percent to 61,215 tons. India, which had no imports recorded during the same period last year, ranked third this year with 50,950 tonnes. In contrast, imports from Kazakhstan fell 81.2 percent to 20,253 tonnes, while the absence of imports this year from Germany, Indonesia, Norway and Iran, which were on last year's list, was notable. Overall, Turkey's 15 percent year-on-year increase in pig iron imports was largely supported by purchases from Russia, while India emerged as a new supplier and imports became concentrated among a more limited number of countries. January-May 2026 January-May 2025 Change compared to last year (%) May 2026Change compared to last year (%). 190,899 166,488 14.7 Ukraine 61,215 44,160 38.6 61