According to the provisional foreign trade statistics compiled by the Turkish Statistical Institute (TUIK) and the Turkish Undersecretariat of Customs, in November this year the value of Turkey's iron and steel imports decreased by 0.7 percent year on year, totaling $1.08 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-November period of this year, the value of Turkey's iron and steel imports totaled $11.57 billion, decreasing by 15.2 percent compared to the same period of the previous year.
In November, the country's imports of articles of iron or steel, which ranked 14th among the products with the highest import value, amounted to $234 million in value, increasing by 2.7 percent year on year. In the first eleven months of this year, the value of Turkey's imports of articles of iron or steel was up 10.4 percent to $2.72 billion compared to the same period of 2015.