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07 Jul
07:46

Brazil drives Turkey’s May iron ore imports surge

Turkey’s iron ore imports soared 137.3% year-on-year to 967,650t in May thanks to a significant volume of intake from Brazil. The total average value/tonne of the overall imports went down to $66.1/t from $84.4/t a year ago, Kallanish calculates from the latest Turkish Statistical Institute (TUIK) data. Brazil remained Turkey’s top iron ore supplier in May with 526,857t of deliveries, compared to no supplies a year earlier. Imports from Brazil accoun…
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