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Turkey's Iron and Steel Imports Decreased by 3.1 Percent

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Core Tip: According to the provisional foreign trade statistics compiled by the Turkish Statistical Institute (TUIK) and the Turkish Undersecretariat of Customs, in the first half o

According to the provisional foreign trade statistics compiled by the Turkish Statistical Institute (TUIK) and the Turkish Undersecretariat of Customs, in the first half of this year the value of Turkey's iron and steel imports decreased by 3.1 percent compared to the same period of 2013, totaling $8.88 billion. In the given period, the country's imports of articles of iron or steel amounted to $1.31 billion, down by 1.6 percent year on year. In the given period, iron and steel ranked third place among the most imported products of the country in terms of value.

Meanwhile, in June this year, the value of Turkey's iron and steel imports totaled $1.53 billion, decreasing one percent year on year and down by five percent compared to May this year. In the given month, iron and steel ranked third place among the most imported products of the country in terms of value.

Meanwhile, in June the country's imports of articles of iron or steel, which ranked 19th among the products with the highest import value, were down 4.7 percent compared to June 2013, and decreased by 7.3 percent month on month, amounting to $211.22 million.

 
 
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