TUIK: Turkey's steel import value up 31.7 percent in January-August

Friday, 28 September 2018 17:33:07 (GMT+3)   |   Istanbul
       

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 increased by 13.5 percent year on year, totaling $1.4 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 January-August period of this year, the value of Turkey's iron and steel imports totaled $13.31 billion, increasing by 31.7 percent compared to the same period of the previous year.

In August, the country's imports of articles of iron or steel, which ranked 15th among the products with the highest import value, amounted to $197.99 million in value, falling by 13 percent year on year. In the January-August period of this year, the value of Turkey's imports of articles of iron or steel was up 3.1 percent to $1.89 billion compared to the same period of 2017.


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