According to the provisional foreign trade statistics compiled by the Turkish Statistical Institute (TUIK) and the Turkish Undersecretariat of Customs, in August this year the value of Turkey's iron and steel imports decreased by 8.4 percent year on year, totaling $1.18 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-August period of the year, the value of Turkey's iron and steel imports totaled $9.50 billion, falling by 5.8 percent compared to the same period of the previous year.