NEWS

Turkey’s manganese alloy imports in 2023

Turkey is the world’s eighth largest steel producer and one of the major consumers of ferroalloys. Because of the short transportation time and good quality, Turkey relies heavily on Ukraine’s silicomanganese. However, with the outbreak of the Russo-Ukrainian war and the suspension of ferroalloy production in Ukraine, Turkey began to import silicomanganese in large quantities from India.

According to data from the Turkish Statistical Institute, the import volume of silicomanganese (720230) in 2023 is 239,690 tons, of which 82,166 tons are from India, 53,996 tons are from Ukraine, 35,577 tons are from Georgia, and 29,128 tons are from Norway. Compared with 249,115 tons in 2022, Turkey’s silicomanganese imports in 2023 decreased slightly by 3.9% year-on-year.

The import volume of ferromanganese (HS code: 72019+72011) in 2023 is 90,199 tons, a decrease of 6,179 tons compared with 96,378 tons in 2022 (a year-on-year decrease of 6.4%). In 2023, Turkey mainly imported hydrocarbon ferromanganese from India, Malaysia and Australia, while low carbonate ferromanganese was mainly imported from Norway and India.

Demand for ferroalloys is also expected to increase, considering Turkey’s large steelmakers will invest in building new steel production capacity in 2024, good advantages in exporting steel to the European market, and growing demand in the domestic market.

INQUIRY NOW

If you have any questions, please leave your contact information and we will reply to you as soon as possible.

Send Inquiry Send Email Whatsapp