Turkey's iron ore imports down 11.39 percent in Sept from Aug

Thursday, 21 November 2013 17:00:30 (GMT+3)   |   Istanbul

According to the statistics provided by the Turkish Statistical Institute (TUIK), in the first nine months of the current year Turkey's iron ore imports amounted to 6.16 million mt, increasing by 4.66 percent, with a value of $878.17 million, down 3.42 percent, both year on year.

Meanwhile, in the third quarter of the year Turkey's iron ore imports amounted to 1.98 million mt, down 27.42 percent compared to the previous quarter and decreasing by 17.83 percent compared to the third quarter of 2012.

On the other hand, in September this year Turkey's iron ore imports totaled 556,938 metric tons, decreasing by 11.39 percent compared to previous month and down 52.15 year on year, while the value of these imports amounted to $82.73 million, down 4.44 percent compared to August and declining by 53.58 percent year on year.

In the January-September period this year, Turkey's iron ore imports from Brazil decreased by 42.14 percent year on year to 2.08 million mt, while Ukraine's iron ore exports to Turkey in the given period almost tripled on year-on-year basis to 1.52 million mt.

Turkey's largest iron ore sources in the period in question can be seen in the graph below:

Turkey's iron ore import sources in January-September 2013 are as follows:

 

Country Amount (mt)      
  Jan-Sept. 2013 Jan-Sept. 2012 Sept.2013 Sept.2012
Brazil 2,081,163 3,597,202 - 677,830
Ukraine 1,522,624 491,725 152,772 58,304
Sweden 1,076,514 847,058 165,004 166,346
Russia 975,397 461,747 145,312           154,497
Canada 330,161 329,288 - 106,948
Finland 93,850 - 93,850 -
USA 82,258 34 0 33
Germany 38 1 - -
Bulgaria 0 - - -

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