TUIK: Turkey's steel import value down 28.5 percent in Jan-Apr

Friday, 31 May 2019 16:25:51 (GMT+3)   |   Istanbul

According to the provisional foreign trade statistics compiled by the Turkish Statistical Institute (TUIK) and the Turkish Undersecretariat of Customs, in April this year the value of Turkey's iron and steel imports decreased by 16.3 percent year on year, totaling $1.56 billion. In the given month, iron and steel ranked in third place among the most imported products of the country in terms of value. In the first four months, the value of Turkey's iron and steel imports totaled $4.83 billion, decreasing by 28.5 percent compared to the same period of the previous year.

In April, the country's imports of articles of iron or steel, which ranked 19th among the products with the highest import value, amounted to $188.4 million in value, falling by 28.9 percent year on year. In the first four months of the current year, the value of Turkey's imports of articles of iron or steel was down 24.1 percent year on year to $767.25 million.

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