According to the provisional foreign trade statistics compiled by the Turkish Statistical Institute (TUIK) and the Turkish Undersecretariat of Customs, in July this year the value of Turkey's iron and steel imports decreased by 5.8 percent year on year, totaling $1.37 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-July period, the value of Turkey's iron and steel imports totaled $9.27 billion, decreasing by 10.3 percent compared to the same period of the previous year.
In July, the country's imports of articles of iron or steel amounted to $248.73 million, growing by 21.4 percent year on year. In the first seven months of this year, Turkey's imports of articles of iron or steel, which ranked 13th among the products with the highest import value, were up 2.8 percent to $1.56 billion compared to the same period of 2014.