Exports of 10.9 million tons in 7 months from steel sector.

Çelik İhracatçıları Birliği

According to data of January-July 2017 announced by Union of Steel Exporters; While Turkey’s steel exports by quantity reached 10 million 900 thousand tons with an increase of 15.3 percent compared to the same period of last year, the value exports of the industry increased by 30.8 percent and reached 6 billion 600 million dollars.

Steel Exporters’ Association announced export of January-July 2017 period. Accordingly, when iron and steel products entering the activity area of other steel companies are added to the direct exports of the steel industry, Turkey’s total steel exports in the 7 months of 2017 amounted to 11 million 300 thousand tons in quantity and 7 billion 800 million dollars in value. In the January-July period of 2017, steel exports increased by 15.3 percent to 10 million 900 thousand tons, while value increased by 30.8 percent to 6 billion 600 million dollars. While the EU countries have maintained their leadership in terms of regions, the sector has been in a boom in the Far East. Exports of the Turkish steel sector in July amounted to $ 800 million, an increase of 12 million tons and 1 million 200 thousand tons, respectively, compared to the same month of the previous year.

Exports of July 2017 increased by 12 percent on a quantity basis by 1 million 200 thousand tons compared to the same month of the previous year, while value increased by 32.4 percent to 800 million dollars.

Namik Ekinci, Chairman of the Association of Steel Exporters, said that despite the problems experienced in foreign markets, the sector displayed a good performance in exports in the seven months of the year and said: “Especially in the export of construction steel, there is a loss in the Middle East and Egypt. The first five countries in terms of quantity showed the greatest decline, namely the United Arab Emirates, Egypt, Oman, Kuwait and Saudi Arabia, and they started to build their own steel industries and exported their attitudes towards protecting domestic industries. We are determined to continue our cooperation with our exporters in order to contribute to the export and growth of Turkey “.

Source : Kayseri Tempo