Turkey's iron ore imports down 1.75 percent in 2018

Tuesday, 19 February 2019 17:11:01 (GMT+3)   |   Istanbul

In December last year, Turkey's iron ore imports totaled 1.02 million mt, increasing by 37 percent compared to November and down 13.3 percent compared to the same month of the previous year, according to the statistics provided by the Turkish Statistical Institute (TUIK). The value of these imports increased by 48.9 percent month on month to $103 million and up 3.3 compared to December 2017.

In 2018, Turkey's iron ore imports amounted to 10.74 million mt, down 1.75 percent, while the value of these imports decreased by 1.5 percent to $995.4 million, both year on year.

In the given period, Turkey's iron ore imports from Brazil stood at 4,633,344 mt, down 0.64 percent year on year. Brazil was followed by Sweden which supplied 1,899,988 mt, while Turkey's iron ore imports from Russia in the given period amounted to 1,219,183 mt.

Turkey's iron ore import sources in 2018 are as follows:

Country

Amount (mt)

 

 

 

 

 

 

2018

2017

Y-o-y change (%)

December 2018

December 2017

Y-o-y change (%)

Brazil

4,633,344

4,663,341

-0.64

338,909

614,686

-44.86

Sweden

1,899,988

1,895,053

0.26

185,054

241,727

-23.45

Russia

1,219,183

1,516,487

-19.60

116,169

179,142

-35.15

Canada

843,290

675,057

24.92

171,614

-

-

South Africa

839,150

750,264

11.85

166,035

-

-

Ukraine

742,141

1,216,845

-39.01

45,002

70,119

-35.82

Australia

277,390

-

-

-

-

-

Finland

226,638

214,279

5.77

-

71,151

-

Turkey's iron ore import sources in 2018 can be seen in the graph below:

DemetKazdal
Demet Kazdal
Editor

After graduating from Boğaziçi University with a degree in English Language and Literature, I have spent the past 15 years developing deep expertise in the steel industry. At SteelOrbis, I serve as Head of Content Department. I write and edit comprehensive news and reports on steel markets, with a primary focus on the Turkish market as well as global market dynamics.


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