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 fell by seven percent year on year, totaling $2.35 billion. In the given month, iron and steel ranked in sixth place among the most imported products of the country in terms of value. In the January-July period this year, the value of Turkey’s iron and steel imports totaled $15.59 billion, falling by 19.2 percent compared to the same period of the previous year.
Meanwhile, in the given month the value of imports of articles of iron or steel, which ranked 14th among the products with the highest export value, went up by 30.9 percent, amounting to $394.87 million, while the value of imports of articles of iron or steel in the first seven months rose by 12.2 percent to $2.38 billion, both year on year