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Turkey’s steel export value up 15.8% in January-October

In the January October period this year, Turkey’s foreign trade deficit went down by 30.1% year on year to $65.85 billion according to the Turkish Statistical Institute (TUIK) and the Turkish Undersecretariat of Customs. In October, Turkey’s iron and steel exports ranked ninth among the country’s products with the highest export value, totaling $763.86 million, …

Turkey’s steel export value up 15.8% in January-October Read More »

Turkey’s steel export value up 19.0% in January-August 2024

According to the provisional foreign trade statistics compiled by the Turkish Statistical Institute (TUIK) and the Turkish Under secretariat of Customs, in August this year Turkey’s foreign trade deficit decreased by 42.7% to $4.99 billion compared to August 2023. In the JanuaryAugust period this year, Turkey’s foreign trade deficit went down by 33.5 % year …

Turkey’s steel export value up 19.0% in January-August 2024 Read More »

Turkey’s HRC exports increase by 145.2% in January-July 2024

In July this year, Turkey’s hot rolled coil (HRC) exports amounted to 309,800 metric tons, up by 27.6% compared to June and by 314.1% year on year, according to the preliminary data provided by the Turkish Statistical Institute (TUIK). Meanwhile, the revenue generated by these exports totaled $189.93 million, increasing by 25.9% compared to the …

Turkey’s HRC exports increase by 145.2% in January-July 2024 Read More »

Turkey’s iron ore imports increase by 50.7% in January-June 2024

In June this year, Turkey’s iron ore imports amounted to 938,881 metric tons, up by 6.8% compared to May and by 29.8% year on year, according to the preliminary data provided by the Turkish Statistical Institute (TUIK). Meanwhile, the revenue generated by these imports totaled $117.01 million, increasing by 6.8% compared to the previous month …

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Algeria is the second largest country exporting billet to Turkey in Jan. – May 2024

In May this year, Turkey’s billet and bloom imports amounted to 155,291 metric tons, down by 43.7% compared to April and by 50.0% year on year, according to the preliminary data provided by the Turkish Statistical Institute (TUIK). Meanwhile, the revenue generated by these imports totaled $90.25 million, decreasing by 41.9% compared to the previous …

Algeria is the second largest country exporting billet to Turkey in Jan. – May 2024 Read More »

Egypt is the second largest country exporting HRC to Türkiye In Jan. to May 2024

In May this year, Turkey’s hot rolled coil (HRC) imports amounted to 283,150 metric tons, down by 24.3% compared to April and by 51.8% year on year, according to the preliminary data provided by the Turkish Statistical Institute (TUIK). Meanwhile, the value of these imports totaled $195.19 million, decreasing by 20.9% compared to the previous …

Egypt is the second largest country exporting HRC to Türkiye In Jan. to May 2024 Read More »

Türkiye’s steel exports increased by 48.6% in Jan. – May 2024

In the period from January to May 2024, Turkey’s steel exports increased by 48.6% compared to the same period in 2023, to 5.4 million tons, according to data from the Turkish Steel Association (TCUD). While Turkey’s steel imports decreased by 12.1% in the period from January to May 2024, to 7.1 million tons. Steel consumption …

Türkiye’s steel exports increased by 48.6% in Jan. – May 2024 Read More »

Turkey’s billet imports down by 27.6% in January-April 2024, with Algeria in the lead

In April this year, Turkey’s billet and bloom imports amounted to 279,999 metric tons, down by 13.3% compared to March and by 35.5% year on year, according to the preliminary data provided by the Turkish Statistical Institute (TUIK). Meanwhile, the revenue generated by these imports totaled $155.36 million, decreasing by 15.3% compared to the previous …

Turkey’s billet imports down by 27.6% in January-April 2024, with Algeria in the lead Read More »

Turkey’s wire rod exports increase by 149.5% in January – April 2024

In April this year, Turkey (turkey)’s wire rod (wire-rod) exports amounted to 40,979 metric tons, down by 70.1% compared to March and up by 52.6% year on year, according to the preliminary data provided by the Turkish Statistical Institute (TUIK). Meanwhile, the revenue generated by these exports totaled $25.35 million, decreasing by 70.0% compared to …

Turkey’s wire rod exports increase by 149.5% in January – April 2024 Read More »

Turkey’s steel export value up 22.0% in January-April 2024

According to the provisional foreign trade statistics compiled by the Turkish Statistical Institute (TUIK) and the Turkish Under secretariat of Customs, in April this year Turkey’s foreign trade deficit increased by 12.9% to $9.86 billion compared to April 2023. In the January-April period this year, Turkey’s foreign trade deficit went down by 30.5% year on …

Turkey’s steel export value up 22.0% in January-April 2024 Read More »

British Steel is close to signing an agreement with the government on green transformation

The company began negotiations with British authorities more than a year ago and steelmakers Tata Steel and British Steel are continuing negotiations with the UK government to finance their green transition, S&P Global reports. According to British media reports, the government is close to signing a deal with British Steel. Secretary of State for Business …

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Turkey’s wire rod exports increase by 172.3% in Q1 2024

In March this year, Turkey’s wire rod exports amounted to 136,650 metric tons, down by 5.5% compared to February and up by 319.1% year on year, according to the preliminary data provided by the Turkish Statistical Institute (TUIK). Meanwhile, the revenue generated by these exports totaled $84.48 million, decreasing by 6.9% compared to the previous …

Turkey’s wire rod exports increase by 172.3% in Q1 2024 Read More »

Turkey’s steel export value up 19.1% in January – March 2024

According to the provisional foreign trade statistics compiled by the Turkish Statistical Institute (TUIK), in March this year Turkey’s foreign trade deficit decreased by 12.4% to $7.34 billion compared to March 2023. In the January-March period this year, Turkey’s foreign trade deficit went down by 41.5% year on year to $20.34 billion. In March, Turkey’s …

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Turkey’s steel export value increases by 6.6% in January 2024

According to the provisional foreign trade statistics compiled by the Turkish Statistical Institute, in January this year Turkey’s foreign trade deficit decreased by 56.4% to $6.23 billion compared to January 2023. In January, Turkey’s iron and steel exports ranked ninth among the country’s products with the highest export value, totaling $625.6 million, increasing by 6.6% …

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Türkiye’s steel exports to GCC decline in December 2023

In December 2023, Turkey’s steel exports to the Gulf region saw a 6% decline compared to the previous month, according to the Turkish Statistical Institute (TUIK). Total steel exports for December amounted to 11,710 tons, compared to exports of 12,467 tons in November. The value of exports decreased by 4%, reaching US$9.1 million. Turkey’s steel …

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Türkiye’s steel consumption increased by 17.1% in 2023

According to data from the Turkish Steel Association (TCUD), Turkey’s consumption of rolled steel products increased by 17.1% in 2023 compared to 2022, reaching 38.1 million tons. Steel exports from Turkey fell by 30.6% year-on-year, reaching 10.5 million tons in 2023, and export revenues fell by 40.7%, reaching $8.3 billion. Turkey’s steel imports in 2023 …

Türkiye’s steel consumption increased by 17.1% in 2023 Read More »

Turkey’s steel export down 42.1% in January November 2023

According to the provisional foreign trade statistics compiled by the Turkish Statistical Institute (TUIK), in November this year Turkey’s foreign trade deficit decreased by 32.6% to $5.9 billion compared to November 2022. In the January-November period this year, Turkey’s foreign trade deficit rose by 0.1% year on year to $99.9 billion. In November, Turkey’s iron …

Turkey’s steel export down 42.1% in January November 2023 Read More »