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15 Mar
10:09

Turkey’s January iron ore imports drop 28%

Turkey’s imports of iron ore decreased by -27.9% year-on-year to 599,225 tonnes in January. The average value of these imports plunged to $62/t from $106/t a year earlier, Kallanish calculates from the latest Turkish Statistical Institute (TUIK) data. The iron ore-rebar spread shrank to $265/t in January from $385/t a year ago and from $266/t in December 2014. Meanwhile, the scrap-rebar spread in January narrowed to $130/t from $173/t a year earlier and fr…
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