In March this year, Turkey's iron ore imports totaled 530,739 metric tons, decreasing by 41.53 percent compared to February and up 6.33 percent year on year, while the value of these imports amounted to $77.85 million, down 41.81 percent month on month and rising by 5.07 percent year on year, according to the statistics provided by the Turkish Statistical Institute (TUIK).
Meanwhile, in the first quarter of the current year, Turkey's iron ore imports increased by 33.08 percent to 1.95 million metric tons, while the value of these imports totaled $284.97 million, up 42.91 percent, both on year-on-year basis.
In the first quarter this year, Turkey's iron ore imports from Brazil increased by 18.36 percent year on year to 677,987 metric tons. Brazil was followed by Finland which supplied 344,664 metric tons, while Turkey's iron ore imports from Sweden in the given period decreased by 1.33 percent year on year to 331,002 metric tons.
Turkey's iron ore import sources in the first quarter this year are as follows:
| Country | Amount (mt) | |||
| Jan-Mar. 2014 | Jan-Mar. 2013 | Mar.14 | Mar.13 | |
| Brazil | 677,987 | 572,807 | 169,955 | 163,463 |
| Finland | 344,664 | - | 84,435 | - |
| Sweden | 331,002 | 335,475 | 166,03 | - |
| Ukraine | 313,749 | 366,626 | 110,284 | 190,991 |
| Canada | 162,004 | - | - | - |
| Russia | 117,154 | 187,778 | - | 144,696 |
| Norway | 35 | - | 35 | - |
Turkey's iron ore import sources in the first quarter of the current year can be seen in the graph below:
