TUIK: Turkey's steel import value up 9.8 percent in 2018

Thursday, 31 January 2019 15:02:19 (GMT+3)   |   Istanbul
       

According to the provisional foreign trade statistics compiled by the Turkish Statistical Institute (TUIK) and the Turkish Undersecretariat of Customs, in December last year the value of Turkey's iron and steel imports decreased by 28.9 percent year on year, totaling $1.15 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 2018, the value of Turkey's iron and steel imports totaled $18.4 billion, increasing by 9.8 percent compared to the previous year.

In December, the country's imports of articles of iron or steel, which ranked 13th among the products with the highest import value, amounted to $215.8 million in value, falling by 26.5 percent year on year. In 2018, the value of Turkey's imports of articles of iron or steel was down 4.5 percent to $2.82 billion compared to 2017.


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