According to the provisional foreign trade statistics compiled by the Turkish Statistical Institute (TUIK) and the Turkish Ministry of Economy, in January this year the value of Turkey's iron and steel imports increased by 18.1 percent year on year, totaling $1.37 billion. In the given month, iron and steel ranked in fourth place among the most imported products of the country in terms of value.
In January, the country's imports of articles of iron or steel, which ranked 20th among the products with the highest import value, amounted to $183.22 million in value, falling by 1.1 percent year on year.