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Turkey’s wire rod exports down 58.5% in January-September

In September this year, Turkey’s wire rod exports amounted to 54,415 mt, down by 26.9% compared to August and by 65.2% year on year, according to the preliminary data provided by the Turkish Statistical Institute (TUIK). Meanwhile, the revenue generated by these exports totaled $31.87 million, dropping by 28.6% compared to the previous month and …

Turkey’s wire rod exports down 58.5% in January-September Read More »

Türkiye’s consumption of steel products increased by 18.5% in January-September 2023

In September 2023, Turkey’s consumption of steel products increased by 30.3% compared to September 2022, reaching 2.8 million tons, according to data from the Turkish Steel Producers Association (TDCU). Steel production in Turkey in September reached 2.89 million tons, an increase of 8.4% compared to September 2022. Steel product exports for the month decreased by …

Türkiye’s consumption of steel products increased by 18.5% in January-September 2023 Read More »

Turkey to maintain AD duty on heavy plate from China

The Turkish Ministry of Trade announced the final results of the final review of anti-dumping duties on heavy plates imported from China. The Department of Commerce found that eliminating antidumping duties on a certain product from China would likely lead to continued or recurring dumping. The applicable anti-dumping rates are 16.89% for Jiangyin Xingcheng Special …

Turkey to maintain AD duty on heavy plate from China Read More »

Türkiye’s rebar exports decreased by 48% during January-August 2023

In August this year, Turkey’s rebar exports reached 370,830 tonnes, an increase of 12.1% compared to July and a decrease of 35.8% year-on-year, according to preliminary data from the Turkish Statistical Institute (TUIK). Meanwhile, the total revenue generated from these exports amounted to $218.56 million, an increase of 6% compared to July and a decrease …

Türkiye’s rebar exports decreased by 48% during January-August 2023 Read More »

Turkey’s billet imports up 64.5 per cent in January-July 2023

From January to July, Turkiye’s billet imports reached 2.24 million tonnes, an increase of 64.5%, year on year. In that period, Turkiye imported 1,053,243 tonnes of billets from Russia, an increase of 19.8% year-on-year. Algeria topped the Arab countries supplying billets to Turkiye with a volume of 414,800 tonnes, followed by Oman with a volume …

Turkey’s billet imports up 64.5 per cent in January-July 2023 Read More »

Morocco leads the Arab countries importing steel tubes from Türkiye in H1 2023

In June this year, Turkey’s total welded tube exports increased by 38.0% month-on-month to reach 201,678 tonnes and decreased by 11.0% year-on-year, according to data provided by the Turkish Statistical Institute (TUIK). The value of these exports amounted to $205.06 million, an increase of 33.4% on a monthly basis, and a decrease of 25.9% compared …

Morocco leads the Arab countries importing steel tubes from Türkiye in H1 2023 Read More »

Turkey’s exports of rebar decreased by 54.4% in H1 2023

In June this year, Turkey’s exports of rebar reached 304,493 tonnes, an increase of 48.3% compared to May, and a decrease of 34.5% year-on-year, according to preliminary data provided by the Turkish Statistical Institute (TUIK). Meanwhile, the total revenue generated from these exports was $197.44 million, up 43.2% compared to May and down 49.8% year-on-year. …

Turkey’s exports of rebar decreased by 54.4% in H1 2023 Read More »

Türkiye’s hot steel flats exports decreased by 32.8% from January to May 2023, including 3 Arab countries

In May this year, Türkiye’s hot rolled steel coils total exports increased by 25.8% compared to April but decreased by 39.8% year-on-year to reach 83,336 tonnes, according to the Turkish Statistical Institute (TUIK). The value of these exports amounted to $63.54 million, which increased 28.7% monthly but down by 56.7% compared to 2022. From January …

Türkiye’s hot steel flats exports decreased by 32.8% from January to May 2023, including 3 Arab countries Read More »

Türkiye’s steel exports decreased by 50.8% during the period from January to May 2023

According to the provisional foreign trade statistics compiled by the Turkish Statistical Institute (TUIK), the Turkish foreign trade deficit in May of this year increased by 17.6% to $12.53 billion compared to May 2022. From January to May this year, Turkey’s foreign trade deficit increased by 29.3% yearly, to reach $56.22 billion. In May, Türkiye’s …

Türkiye’s steel exports decreased by 50.8% during the period from January to May 2023 Read More »

Türkiye’s cold rolled steel coils imports increased by 26.8% from January to April 2023

According to data provided by the Turkish Statistical Institute (TUIK).In April this year, Türkiye’s cold rolled steel coils (CRC) imports increased by 37.9% compared to April 2022. However, it decreased by 10.9% compared to last March, reaching 66,359 tonnes. The value of these imports amounted to $51.52 million, a decrease of 9.8% compared to March …

Türkiye’s cold rolled steel coils imports increased by 26.8% from January to April 2023 Read More »

Türkiye’s wire rod exports decreased by 60.2% during the January-April period

In April this year, Türkiye’s wire rod exports amounted to 26,849 tonnes, down by 17.8% compared to March and up 72.8% year on year, according to preliminary data provided by the Turkish Statistical Institute (TUIK). Meanwhile, the total revenue generated from these exports was $19.7 million, down 18.2% compared to March and up 77.3% year-on-year. …

Türkiye’s wire rod exports decreased by 60.2% during the January-April period Read More »

Turkey’s increased tariffs on flat steel imports come into effect on May 1

The increased import duties on flat steel products in Turkey came into effect on May 1. Additional import duties on non-alloy hot-rolled steel coils were increased from 9% to 15%, while hot-rolled steel coils were raised from 6% to 13%. Import duties on sheets have been raised by 9%, 10% and 15% to reach 15-20%, …

Turkey’s increased tariffs on flat steel imports come into effect on May 1 Read More »

Türkiye’s steel imports declined by 24.8% during January-March 2023

According to the provisional foreign trade statistics compiled by the Turkish Statistical Institute, in March this year, the value of Türkiye iron and steel imports increased by 1.1% yearly, reaching $2.61 billion. In the given month, iron and steel ranked as the third most valuable product imported from the country. From January to March this …

Türkiye’s steel imports declined by 24.8% during January-March 2023 Read More »

Türkiye’s steel exports declined by 49.3% during January-March 2023

According to the provisional foreign trade statistics compiled by the Turkish Statistical Institute, in March this year, Türkiye’s foreign trade deficit increased by 0.9% to $8.34 billion compared to March 2022. From January to March of this year, Türkiye’s foreign trade deficit increased 30.7% year-on-year to $34.69 billion. In March, Türkiye iron and steel exports …

Türkiye’s steel exports declined by 49.3% during January-March 2023 Read More »

Türkiye’s cold-rolled flat steel imports increased by 24.3% in February

In February this year, Türkiye’s cold-rolled steel flat imports(CRC) amounted to 57,296 tonnes, an increase of 4.5 per cent compared to February last year and a decrease of 17.2 per cent compared to January 2023, according to preliminary data provided by the Turkish Statistical Institute (TUIK). In terms of value, the total revenues from these …

Türkiye’s cold-rolled flat steel imports increased by 24.3% in February Read More »

Türkiye begins the fourth revision of AD duties on steel pipes and tubes from 6 countries

According to the Turkish Official Gazette, on April 8, Turkey initiated the fourth revision of anti-dumping (AD) duties on steel pipes and fittings from Brazil, Bulgaria, China, India, Indonesia and Thailand and the respective products were classified under HS code 7307.19. In April 2018, the Turkish authorities made a final decision to extend AD anti-dumping …

Türkiye begins the fourth revision of AD duties on steel pipes and tubes from 6 countries Read More »

Turkey’s imports of iron ore increased by 11.2% in January 2023

In January of this year, Turkey’s total imports of iron ore amounted to 798,953 tonnes, an increase of 139.6% compared to December and 11.2% compared to the same month in 2022, according to statistics from the Turkish Statistical Institute (TUIK). The value of these imports decreased by 11.8% to $90.6 million annually, while it increased …

Turkey’s imports of iron ore increased by 11.2% in January 2023 Read More »