According to the Turkish Statistical Institute (TUIK), Turkey’s iron ore imports totaled around 8.8 million tons in the first ten months of this year, growing by 22% compared to the year-ago period. These imports were worth around US$1.1 billion, a year-on-year increase of 21%.

Among them, imports from Brazil were the most, totaling around 4.69 million tons, a year-on-year increase of 2.8%, followed by Ukraine’s 1.1 million tons and Sweden’s 990,000 tons.

In October alone, Turkey imported a total of roughly 672,000 tons of iron ore, sliding by 35% month on month and by 13% year on year. The import value dropped by 39% month on month and by 27% year on year to US$70.7 million.