NEWS
IRON and STEEL   Iron Ore  

Turkey: Iron Ore Import Drops 11% in Aug’18

The tenth largest importer of Iron ore, Turkey has recorded decline in iron ore imports for the month of Aug’18. The imports recorded at 1.08 MnT in Aug'18, down 11% as against 1.22 MnT in July'18. The Y-o-Y imports witnessed a rise of 26% in Aug'18 as against 0.86 MnT in Aug'17.

Turkey’s crude steel production declines 8% in Aug’18

Turkey's crude steel production for Aug'18 witnessed at 3 MnT, down 8% on monthly basis as against 3.27 MnT in July'18. On yearly basis, the output reduced 6% as against Aug'17 production at 3.2 MnT.

Turkey’s iron ore imports for the duration Jan-Aug’18 stood at 7.16 MnT, down 4% as against same duration last year at 7.42 MnT.

The non-agglomerated ore (Lumps and Fines) witnessed a fall of 18% M-o-M in imports to 0.51 MnT in Aug'18 as against 0.62 MnT in July'18. However, Y-o-Y imports stood up by 46% in Aug'18 as against 0.35 MnT in Aug'17.

Agglomerated ore (pellets and concentrates) recorded Aug’18 imports at 0.56 MnT, down 7% M-o-M as against 0.6 MnT in July'18. The Y-o-Y import marked an increase of 10% as compared to Aug'17 imports at 0.51 MnT.

Iron ore imports from Brazil down 45% in Aug’18

Brazil continued to be the largest exporter of iron ore to Turkey in Aug'18 at 0.34 MnT, contributing 31% of total Turkey's import for the month. The imports witnessed a drop of 45% M-o-M as against 0.62 MnT a month before.

South Korea and Canada exports recorded at 0.17 MnT each for Aug’18 as against being no movement of exports reported a month before.

 

News No: 2435
Date: 2018/10/13 - 19:27
News Source: SteelMint

Iron Ore  crude steel  Agglomerated ore  pellet  concentrate 

Comments:

Leave a Comment:

   
   
   
 

Chinese Steel Market Highlights - Week 15, 2019

This week Chinese steel prices witnessed significant increase in domestic market following hike in iron ore prices fueled by limited supply in global market.Also strong futures, improved domestic demand along with higher profit margins lead to uptrend in Chinese steel prices.
 

South Africa: Iron Ore Exports Down 21% in Feb’19

South Africa iron ore exports down 21% in Feb'19: South African iron ore exports in Feb'19 recorded at 5.53 MnT, down 21% as against 7.05 MnT in Jan'19. As per sources, the exports dropped amidst Saldanha port maintenance in Feb'19.On yearly basis, the exports increased marginally as compared to 5.25 MnT in Feb'18.
 Managing director:

MSC performed very well last year on production, profitability fronts

The managing director of Mobarakeh Steel Company (MSC) said that his company performed successfully in the year to March 20, 2019 as far as production and profitability were concerned.
 

Canadian Raw Material Exports Fell in Jan'19

Trade statistics released by Canada custom shows that the iron ore exports by the country recorded at 3.19 MnT in Jan'19. The exports dropped 7 month low in Jan'19, as it was last seen in Jun'18 at 2 MnT. The exports depicted fall of 35% as compared to Dec'18 exports at 4.9 MnT.
 

India: Raipur Based Pellet Makers Raise Offer

Amid recently concluded pellet export deals along with decent bookings made in the domestic market, Raipur based pellet makers have raised offers today.
 

KIOCL Tender Pushes Indian Pellet Export Prices Up

Demand for Indian pellets has witnessed improvement this week. Southern India based pellet maker - KIOCL has concluded pellet export deal recently.
Upcoming Events
Publications
 Mines & Metals

Mine & Business Today

 Scrap & Recycling

Ahangan

Our partners