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 21 percent year on year, totaling $1.13 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 2015, the value of Turkey's iron and steel imports totaled $14.77 billion, decreasing by 15.9 percent compared to 2014.
In December, the country's imports of articles of iron or steel, which ranked 11th among the products with the highest import value, amounted to $274.39 million, increasing by 23.5 percent year on year. In 2015, Turkey's imports of articles of iron or steel were up 4.8 percent to $2.74 billion compared to 2014.