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TUIK: The cost of steel imports to Turkey decreased by 4.8 percent in January-October 2025

TUIK: The cost of steel imports to Turkey decreased by 4.8 percent in January-October 2025
According to preliminary foreign trade statistics compiled by the Turkish Statistical Institute (TUIK), in October this year, the value of iron and steel imports to Turkey fell by 15.0 percent year-on-year, amounting to $1.67 billion. In this month, iron and steel ranked sixth among the country's most imported goods in value terms. In the first 10 months of this year, the value of iron and steel imports to Turkey amounted to $18.41 billion, a decrease of 4.8 percent compared to the same period in 2024.

Meanwhile, in this month, the value of imports of iron and steel products, which ranked 14th among the products with the highest import value, increased by 3.2 percent, amounting to 388.03 million dollars, while the value of imports of iron and steel products in January-October of this year decreased by 0.8 percent to 3.45 billion dollars in annual terms

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