Turkey's steel import value up 42.5 percent in Q1

Monday, 30 April 2018 16:51:05 (GMT+3)   |   Istanbul
       

According to the provisional foreign trade statistics compiled by the Turkish Statistical Institute (TUIK) and the Turkish Undersecretariat of Customs, in March this year the value of Turkey's iron and steel imports increased by 36.4 percent year on year, totaling $1.8 billion. In the given month, iron and steel ranked in third place among the most imported products of the country in terms of value. In the January-March period of this year, the value of Turkey's iron and steel imports totaled $4.9 billion, increasing by 42.5 percent compared to the same period of the previous year.

In March, the country's imports of articles of iron or steel, which ranked 15th among the products with the highest import value, amounted to $249.8 million in value, falling by 6.2 percent year on year. In the January-March period of this year, the value of Turkey's imports of articles of iron or steel was up 8.8 percent to $746.45 million compared to the same period of 2017.


Similar articles

Turkish domestic dollar-based rebar spot prices soften

28 Mar | Longs and Billet

Iskenderun-based Turkish mill increases its rebar price      

27 Mar | Longs and Billet

Local HRC prices sink further in Turkey

26 Mar | Flats and Slab

Turkish steel industry awaits government support to regain competitiveness

26 Mar | Steel News

Turkey’s ship scrap market moves up

26 Mar | Scrap & Raw Materials

Local Turkish merchant bar prices mostly stable in local currency

26 Mar | Longs and Billet

Turkey’s Çolakoğlu Metalurji plans to be carbon neutral by 2050

26 Mar | Steel News

Iskenderun-based Turkish mill issues its longs prices

26 Mar | Longs and Billet

Turkey’s IDC completes equipment installation at melting shop

25 Mar | Steel News

Turkish steel industry aims to increase trade volume with Lithuania

25 Mar | Steel News