Turkey’s iron ore imports decrease 26.8 percent in January-March

Friday, 26 May 2023 15:08:42 (GMT+3)   |   Istanbul
       

In March this year, Turkey's iron ore imports totaled 643,055 mt, increasing by 62.6 percent compared to February and down 31.9 percent as compared to the same month of 2022, according to the statistics provided by the Turkish Statistical Institute (TUIK). The value of these imports decreased by 30.1 percent to $78.61 million year on year, while up 70.5 percent as compared to February.

In January-March this year, Turkey's iron ore imports amounted to 1.84 million mt, down 26.8 percent, while the value of these imports decreased by 30.1 percent to $215.35 million, both compared to same period of 2022.

In the given month, Turkey's iron ore imports from Brazil stood at 1.41 million mt, up 70.2 percent year on year. Brazil was followed by Sweden which supplied 330,057 mt, while Turkey's iron ore imports from Russia in the given month amounted to 69,226 mt.

Turkey's top iron ore import sources in January-March this year are as follows:

Country

Amount (mt)

 

 

 

 

 

 

January-March 2023

January-March 2022

Change (%)

March 2023

March 2022

Change (%)

Brazil

1,408,167

827,262

70.22

630,001

319,686

97.07

Sweden

330,057

329,992

0.02

-

-

-

Russia

69,226

194,659

-64.44

-

-

-

Ukraine

30,008

235,274

-87.25

13,008

79,158

-83.57

Turkey's iron ore import sources in January-March can be seen in the graph below:

 


Similar articles

Major steel and raw material futures prices in China - May 21, 2024

21 May | Longs and Billet

Brazilian high-grade iron price maintains stability week-on-week

21 May | Scrap & Raw Materials

Daily iron ore prices CFR China - May 20, 2024

20 May | Scrap & Raw Materials

CISA: China’s iron ore concentrate output to rise by 5-10 million mt in 2024

20 May | Steel News

India’s steel ministry working on offering incentives via iron ore beneficiation policy

20 May | Steel News

Major steel and raw material futures prices in China - May 20, 2024

20 May | Longs and Billet

Daily iron ore prices CFR China - May 17, 2024

17 May | Scrap & Raw Materials

Major steel and raw material futures prices in China - May 16, 2024

17 May | Longs and Billet

Iron ore prices increase after futures rise amid better demand hopes

16 May | Scrap & Raw Materials

Major steel and raw material futures prices in China - May 16, 2024

16 May | Longs and Billet