The tenth largest importer of Iron ore, Turkey’s imports have witnessed an increase of 53.25% M-o-M as it was 0.77 MnT in Oct’16. On the similar lines, Turkey iron ore imports shot up by the same percentile Y-o-Y as it was at 0.77 MnT in Nov’15 an equal amount of material for the month.
During the first 11 months of 2016, the country imported 9.68 MnT iron ore buying 4.46% more material with a marginal hike compared to the same period prior to this year at 9.27 MnT. 
The non-agglomerated iron ore (lumps and fines) import in Nov’16 was registered at 0.64 MnT, significantly up 68.42% M-o-M and by 18% Y-o-Y. On the same lines, the agglomerated ore (pellets and concentrates) import was registered at 0.55 MnT, at 41.03% M-o-M and considerably up by 139.13% Y-o-Y.
Turkey’s iron ore import is chiefly from Brazil, Canada, Sweden, Russia, Ukraine and a new entrant for FY17 Venezuela. In Nov’16, the country imported from Brazil 0.57 MnT , Sweden 0.25 MnT , Canada 0.17 MnT , Ukraine 0.10 MnT , Venezuela 0.06 MnT and 0.03 MnT iron ore from Russia.
Country-wise Turkey iron ore imports in Nov’16
|
Countries |
Nov’16 |
Oct’16 |
% change |
Jan-Nov’16 |
Jan-Nov’15 |
% change |
| Brazil |
0.57 |
0.34 |
67.67% |
4.81 |
4.52 |
6.42% |
| Canada |
0.17 |
0 |
100% |
0.51 |
0.49 |
4.07% |
| Russia |
0.03 |
0.14 |
-75.56% |
1.62 |
1.38 |
17.70% |
| South Africa |
0.00 |
0 |
– |
0.28 |
0.18 |
55.56% |
| Argentina |
0.00 |
0 |
– |
0.04 |
0 |
100% |
| Sweden |
0.25 |
0.08 |
218.06% |
1.47 |
1.31 |
12.55% |
| Ukraine |
0.10 |
0.22 |
-56.46% |
0.87 |
1.28 |
-32.36% |
| Others |
0.06 |
0 |
100% |
0.06 |
0.11 |
-46.04% |
| Grand Total |
1.18 |
0.77 |
53.25% |
9.66 |
9.27 |
4.25% |
Quantity in MnT
Source: Turkey Customs
Provisional Data
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