According to the provisional foreign trade statistics compiled by the Turkish Statistical Institute (TUIK) and the Turkish Undersecretariat of Customs, in the first eight months of this year the value of Turkey's iron and steel imports decreased by three percent compared to the same period of 2013, totaling $11.75 billion. In the given period, the country's imports of articles of iron or steel amounted to $1.74 billion, down by 4.3 percent year on year. In the given period, iron and steel ranked third among the most imported products of the country in terms of value.
Meanwhile, in August this year, the value of Turkey's iron and steel imports totaled $1.41 billion, increasing 7.3 percent year on year and down by 2.8 percent compared to July this year. In the given month, iron and steel ranked in fourth place among the most imported products of the country in terms of value.
Meanwhile, in August Turkey's imports of articles of iron or steel, which ranked 16th among the products with the highest import value, were up 5.8 percent compared to August 2013, and increased by 13.7 percent month on month, amounting to $229.79 million.
