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Turkish Iron and Steel Sector

In addition to scrap which has the highest value among the imported raw materials Turkey also imported 7 8 million tons iron ore 1 4 million tons pig iron 428 000 tons ferro alloys and 4 6 million tons coking coal Forecasts Turkish economy is forecasted to grow by 4 % in 2013

In addition to scrap which has the highest value among the imported raw materials Turkey also imported 7 8 million tons iron ore 1 4 million tons pig iron 428 000 tons ferro alloys and 4 6 million tons coking coal Forecasts Turkish economy is forecasted to grow by 4 % in 2013

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Turkey produced 4 7 million tons of iron ore in 2008 while this figure was 4 6 million in 2005 Due to the low iron ore production Turkey is dependent on iron ore imports Since Turkey has a very substantial steel industry the iron ore imports are considerable In 2012 Turkish iron ore imports rose by 18% and reached 7 8 million ton

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1/27/2017Ferrous scrap mini-boom winds up 2016 starts 2017 Jan 27 2017 | 05 51 PM | Fastmarkets AMM staff Tags ferrous scrap prices iron ore Pittsburgh Donald Trump Keetac U S Steel? There is however a lot of skepticism as to when the market will plateau with everyone recognizing that large increases can't be indefinite

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An ever-growing demand for products and technologies that require an increasing supply of minerals can be witnessed globally At the same time large deposits are becoming harder to find ore grades are declining and water management is a rising concern That's why you face the challenge of meeting the demand locking in profits while also keeping mining sustainable

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The price per tonne of a consignment of iron ore is calculated by multiplying the cents/dmtu price by the percent Fe content of the ore in that shipment For example a 67% Fe content iron ore will priced at the contracted dmtu price multiplied by 67 a 55% Fe content ore at the dmtu price multiplied by 55 etc

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