Turkey's steel import value down 15.5 percent in January-November

Thursday, 31 December 2015 11:49:49 (GMT+3)   |   Istanbul
       

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 23.8 percent year on year, totaling $1.09 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, the value of Turkey's iron and steel imports totaled $13.65 billion, decreasing by 15.5 percent compared to the same period of the previous year. 

In November, the country's imports of articles of iron or steel, which ranked 13th among the products with the highest import value, amounted to $228.04 million, increasing by 0.9 percent year on year. In the first 11 months of this year, Turkey's imports of articles of iron or steel were up three percent to $2.47 billion compared to the same period of 2014. 

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