TUIK: Turkey's steel import value down 33 percent in January-February

Friday, 29 March 2019 15:05:25 (GMT+3)   |   Istanbul

According to the provisional foreign trade statistics compiled by the Turkish Statistical Institute (TUIK) and the Turkish Undersecretariat of Customs, in February this year the value of Turkey's iron and steel imports decreased by 39.7 percent year on year, totaling $941.43 million. In the given month, iron and steel ranked in fourth place among the most imported products of the country in terms of value. In the January-February period, the value of Turkey's iron and steel imports totaled $3.09 billion, decreasing by 33 percent compared to the previous year.

In February, the country's imports of articles of iron or steel, which ranked 16th among the products with the highest import value, amounted to $202.1 million in value, falling by 10.4 percent year on year. In the first two months of the current year, the value of Turkey's imports of articles of iron or steel was down 24.4 percent year on year to $375.6 million.

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