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14 Mar
08:41

Turkey's iron ore imports surge on-year in January

Turkish iron ore imports jumped 73% on-year in January, led by a surge in procurement from Brazil, Kallanish notes from the latest Turkish Statistical institute (TUIK) data. January's iron ore imports stood at 1.04 million tonnes. Their total average value/tonne rose to $83/t from $62/t a year ago. Turkey’s iron ore import/rebar export spread widened to $346/t in January from $267/t a year ago. Scrap-rebar spread that month widened to $170…
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