Ezz_steel1
Arab Steel Summit
kuwait_steel1
imatal4
Ezz_Web_Banner_Side_280x200
qatar_steel2
Slide
Arab Steel Summit
Kallanish3_23_2
Arab Steel Summit

The value of steel exports is 14% of Turkey’s total exports in 2022

In 2022, the share of steel exports in Turkey’s total exports is 13.9% with a value of $35.4 billion.

In particular, the share of ferrous and non-ferrous metals in total exports was 6.3%, and the steel sector was 9.3%. Overall, the country’s exports in monetary terms rose by 12.9% year-on-year – to $254.2 billion last year.

Fuat Tosyali, head of the Association of Ferrous and Non-Ferrous Metal Exporters in the Mediterranean (ADMİB), noted that the Turkish steel industry started 2022 with good momentum.

The war in Ukraine, the strengthening of protectionist measures and the rise in energy prices have affected industry activities.

The energy surge impacted was on the competitiveness of Turkish steelmakers, and export levels remained below the target levels.

ADMİB President also emphasized the importance of using renewable energy. In particular, research on the use of hydrogen in the steel industry will be carried out in Turkey in 2023.

At the end of 2022, Turkey announced a 16% discount on electricity for industrial consumers and lowered the maximum price of electricity in the free market from 4.8 thousand lira/MWh to 4.2 thousand lira/MWh. It was expected that electricity costs for industrial facilities that consume it at market prices would decrease by 10-15%.

From January to November 2022, steel companies in Turkey produced 32.47 million tonnes of steel, which is 12.3% less than the same period in 2021.

In November 2022, steel production in Turkey decreased by 34.3% year on year.

 

Twitter
Facebook

Related News

Ezz-780-1
kuwit-steel3
mih-1
Arab Steel Summit

Latest News

الاتحاد العربي للحديد والصلب

لوريم ايبسوم هو نموذج افتراضي يوضع في التصاميم لتعرض على العميل ليتصور طريقه وضع النصوص بالتصاميم سواء كانت تصاميم مطبوعه لوريم ايبسوم ليتصور طريقه لوريم ايبسوم.

About AISU

Arab Iron and Steel Union was established in Algeria in 1972 as the first Arab Union of the Arab countries to be founded under the Council of Economic Unity umbrella in the League of Arab States.

It is the first Arab organization to specialize in the iron and steel field, and its tasks fall within making plans aimed mainly at developing and growing the iron and steel industry in the Arab world.

Arab Iron and Steel Union comprises a wide range of multi-activity companies related to the iron and steel industry from the Arab countries.

Information

92 Members

28 Board of Directors

17 Country

300.000 Employees

Subscribe Newsletter

Contact us

General Secretariat
Tel +21323304221 Fax +21323304254
Mail: relex@solbarab.org

Cairo Regional Office
Tel +20233356219 Fax +20233374790
Mail: aisucairo@solbarab.org