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TUIK: Turkey's steel import value increased by 0.5 percent in January-May 2026

TUIK: Turkey's steel import value increased by 0.5 percent in January-May 2026

The value of Turkey's iron and steel imports fell 12.1 percent year-on-year to $1.92 billion in May this year, according to preliminary foreign trade statistics compiled by the Turkish Statistical Institute (TUIK). This month, iron and steel ranked as the country's fifth most imported commodity by value. In the first five months of this year, Turkey's import value of iron and steel totaled $9.35 billion, up 0.5 percent from the same period in 2025.

Meanwhile, in May, the import value of iron and steel products, which ranked 15th among the products with the highest import value, fell 4.3 percent to $326.93 million. and the value of its imports of ferrous metal products in January-May of this year increased by 10.6 percent to $1.90 billion year on year

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