Turkey's steel import value down 6.4 percent in June from May

Friday, 31 July 2015 12:20:49 (GMT+3)   |   Istanbul
       

According to the provisional foreign trade statistics compiled by the Turkish Statistical Institute (TUIK) and the Turkish Undersecretariat of Customs, in June this year the value of Turkey's iron and steel imports decreased by 14 percent year on year and was down by 6.4 percent month on month, totaling $1.31 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-June period, the value of Turkey's iron and steel imports totaled $7.9 billion, decreasing by 11 percent compared to the same period of the previous year. 
 
In June, the country's imports of articles of iron or steel amounted to $250.36 million, growing by 18.5 percent year on year and by 23.7 percent month on month. In the first six months of this year, Turkey's imports of articles of iron or steel, which ranked 13th among the products with the highest import value, were down 0.1 percent to $1.31 billion compared to the same period of 2014. 
 


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