According to the provisional foreign trade statistics compiled by the Turkish Statistical Institute (TUIK) and the Turkish Undersecretariat of Customs, in May this year the value of Turkey’s iron and steel imports fell by 8.1 percent year on year, totaling $2.85 billion. 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-May period this year, the value of Turkey’s iron and steel imports totaled $11.26 billion, falling by 19.2 percent compared to the same period of the previous year.
