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13 Apr
16:17

Turkey's iron ore imports plunge in February

Turkey's iron ore imports decreased considerably in February as intake from Brazil declined and shipments from Europe ceased, Kallanish notes from the latest Turkish Statistical Institute (TUIK) data. February's imports stood at 388,444 tonnes, down -59.8% on-year and -58% on-month. The overall average value/tonne of these imports fell to $84/t from $89/t a year ago. The iron ore-rebar spread rose to $470/t in the reviewed month from $330/t a y…
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