Turkey’s iron ore imports increase by 50.7% in January-June 2024

In June this year, Turkey’s iron ore imports amounted to 938,881 metric tons, up by 6.8% compared to May and by 29.8% year on year, according to the preliminary data provided by the Turkish Statistical Institute (TUIK). Meanwhile, the revenue generated by these imports totaled $117.01 million, increasing by 6.8% compared to the previous month and by 15.3% year on year. In the January-June period, Turkey's iron ore imports amounted to 5,419,635 mt, up 50.7%, while the value of these imports increased by 55.6% to $720.53 million, both year on year. In the given period, Turkey’s largest iron ore import source was Brazil, with 2,657,784 mt. Brazil was followed by Ukraine with 852,649 mt and South Africa with 688,265 mt.