Turkey's steel import value down 6.7 percent in first nine months

Friday, 01 November 2013 12:03:02 (GMT+3)   |   Istanbul
       

According to the provisional foreign trade statistics compiled by the Turkish Statistical Institute (TUIK) and the Turkish Undersecretariat of Customs, in the first nine months this year the value of Turkey's iron and steel imports decreased by 6.7 percent compared to the same period of 2012, totaling $13.9 billion. Meanwhile, the country's imports of articles of iron or steel amounted to $2.05 billion, up by 21.6 percent year on year.
 
In September this year, the value of Turkey's iron and steel imports totaled $1.8 billion, increasing 13.2 percent year on year and up by 37 percent compared to August this year. In the given month, iron and steel maintained its third place among the most imported products of the country in terms of value.
 
Meanwhile, in September the country's imports of articles of iron or steel, which ranked 16th among the products with the highest import value, were up 13.7 percent compared to September 2012 and increased by 6.7 percent month on month, amounting to $231.6 billion.

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