Turkey’s ferroalloy imports down 24.5 percent in Nov from Oct
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According to the data provided by the Turkish Statistical Institute (TUIK), in November 2011 Turkey's ferroalloy imports fell 24.5 percent compared to the previous month and were up 225.5 percent compared to November 2010, totaling 28,672 metric tons. The value of these imports amounted to $43.7 million, decreasing by 29.4 percent as compared to October and up 194 percent year on year.
In November, Ukraine was Turkey's biggest source of ferroalloys with 10,045 metric tons, decreasing by 33.8 percent month on month and accounting for approximately 35 percent of Turkey's total ferroalloy imports. Turkey's second biggest source of ferroalloy imports in November was Georgia with 6,940 metric tons, increasing by 58 percent compared to October.
In the first 11 months of 2011, Turkey's ferroalloy imports totaled 401,362 metric tons, increasing 15.2 percent compared to January-November 2010. Imports from Ukraine in the period in question amounted to 130,779 metric tons, falling by 19.8 percent, while imports from India in the first 11 months of 2011 amounted to 55,223 mt, up 100 percent, both compared to the same period of 2010.