Arab Steel Summit
Arab Steel Summit
steel Oribis

Turkey’s steel exports decrease by 17.7% in 2022

In 2022, steel exports decreased by 17.7% year-on-year to 19.6 million tonnes, and production decreased by 12.9% year-on-year to 35.1 million tonnes.

In the first six months of 2022, Turkey’s steel exports showed an upward trend. However, at the end of last year, it fell due to the impact of the war in Ukraine, inflation, high-energy prices and the expectation of a global recession.

The country’s export rankings in 2022 fell to the fourth position, compared to the third position in the previous year.

According to the head of the Turkish Steel Exporters Association “CIB” Adnan Aslan, if the energy crisis continues and the demand slowdown in the main markets in Turkey (Europe and the USA), the steel producers in the country in 2023 will focus on maintaining the current level of production rather than increasing it.

The association expects the decline in exports to continue until June 2023. The global steel industry will start to recover in the second half of 2023 due to the decline in inflation and the expected increase in global demand for steel and investments in energy.

The Association also believes that actions should be taken against Turkey’s cheap steel imports as China, the Russian Association, India and Iran continue to sell steel products in the country at cheap prices.

According to the union, nearly half of Turkey’s steel consumption is provided by imports. Local steelmakers need investments not only to increase capacity but also to restore the production base.




Related News

Arab Steel Summit

Latest News

Arab Iron and Steel Union

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.


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