Turkey's steel import value down 19.5 percent in January-July

Wednesday, 31 August 2016 15:48:30 (GMT+3)   |   Istanbul
       

According to the provisional foreign trade statistics compiled by the Turkish Statistical Institute (TUIK) and the Turkish Undersecretariat of Customs, in July this year the value of Turkey's iron and steel imports decreased by 28.4 percent year on year, totaling $982.29 million. In the given month, iron and steel ranked in fifth place among the most imported products of the country in terms of value. In the January-July period of this year, the value of Turkey's iron and steel imports totaled $7.46 billion, decreasing by 19.5 percent compared to the same period of the previous year.
 
In July, the country's imports of articles of iron or steel, which ranked 13th among the products with the highest import value, amounted to $208.53 million in value, decreasing by 16.2 percent year on year. In the first seven months of this year, the value of Turkey's imports of articles of iron or steel were up 17 percent to $1.82 billion compared to the same period of 2015.

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