TUIK: Turkey's steel import value down 23.2 percent in Jan-Nov

Thursday, 02 January 2020 10:57:19 (GMT+3)   |   Istanbul
       

According to the provisional foreign trade statistics compiled by the Turkish Statistical Institute (TUIK) and the Turkish Undersecretariat of Customs, in November this year the value of Turkey's iron and steel imports decreased by 9.6 percent year on year, totaling $1.09 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 first 11 months, the value of Turkey's iron and steel imports totaled $13.25 billion, decreasing by 23.2 percent compared to the same period of the previous year.

In November, the country's imports of articles of iron or steel, which ranked 15th among the products with the highest import value, increased by 3.1 percent year on year, amounting to $239.52 million. In the first 11 months of the year, the value of Turkey’s imports of articles of iron or steel decreased by 17.3 percent year on year to $2.16 billion.


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