According to the provisional foreign trade statistics compiled by the Turkish Statistical Institute (TUIK) and the Turkish Undersecretariat of Customs, in January this year the value of Turkey's iron and steel imports increased by 35.4 percent year on year, totaling $1.54 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 January, the country's imports of articles of iron or steel, which ranked 14th among the products with the highest import value, amounted to $271 million in value, rising by 26.1 percent year on year.