Trade Resources Industry Views Turkey's Iron and Steel Imports Decreased by 6.8 Percent Compared to The Period of 2013

Turkey's Iron and Steel Imports Decreased by 6.8 Percent Compared to The Period of 2013

According to the provisional foreign trade statistics compiled by the Turkish Statistical Institute (TUIK) and the Turkish Undersecretariat of Customs, in the first four months of this year the value of Turkey's iron and steel imports decreased by 6.8 percent compared to the same period of 2013, totaling $5.74 billion. In the given period, the country's imports of articles of iron or steel amounted to $872.3 million, falling by a slight margin of 0.1 percent year on year.

Meanwhile, in April this year, the value of Turkey's iron and steel imports totaled $1.56 billion, decreasing 9.9 percent year on year and up by 13.6 percent compared to March this year. In the given month, iron and steel ranked third place among the most imported products of the country in terms of value.

Meanwhile, in April the country's imports of articles of iron or steel, which ranked 17th among the products with the highest import value, were up 4.9 percent compared to April 2013, but decreased by 11.6 percent month on month, amounting to $220.42 million.

Source: http://www.steelorbis.com/steel-news/latest-news/turkeys-steel-import-value-falls-68-percent-in-jan_apr-831227.htm
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Turkey's Steel Import Value Falls 6.8 Percent in Jan-Apr
Topics: Metallurgy