9,685.49 TRY BIST 100 BIST 100
4.80 CNY CNY CNY
33.88 USD USD USD
37.56 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
42.17 TRY Interest Interest
71.63 USD Fossil Oil Fossil Oil
31.06 USD Silver Silver
4.22 USD Copper Copper
92.59 USD Iron Ore Iron Ore
365.00 USD Shipbreaking Scrap Shipbreaking Scrap
2,825.56 TRY Gold (gr) Gold (gr)

Decline in Türkiye's flat steel exports

Türkiye's flat steel exports stand out with a 13% decline recorded in July. With this decrease compared to the previous month, the export amount decreased from 445 thousand tons to 253 thousand tons. In addition, the 43% decrease experienced compared to the same period of the previous year stands out as a reflection of the tough competition conditions in the sector.

Decline in Türkiye's flat steel exports

According to the data compiled from the Turkish Statistical Institute (TUIK), Türkiye's flat steel exports experienced a great decline in January. Export amount decreased sharply from 414 thousand tons to 185 thousand tons with a decrease of 55% compared to the previous year. However, considering the ups and downs in the industry, it is seen that this trend gained an upward momentum in March. Although there was a decrease of 35% in March compared to the same period of the previous year, although the amount of exports decreased from 488 thousand tons to 316 thousand tons, it reached the highest figure for this period of the year.

Considering all these data, it is seen that Turkey's flat steel exports followed a fluctuating course in the January-July period covering the first 7 months of 2023.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In
SteelRadar Insight - Sayı 1 (Haziran 2024)

Most read news

“We should cancel all taxes in 2025” - Tarnavsky's forecasts for the CIS region and the steel industry

Monday, September 16, 2024

Political and economic instability weakens Bangladesh's scrap demand

Monday, September 16, 2024

Taiwanese company Feng Hsin decreases prices for this week

Monday, September 16, 2024

At Global Steel Summit, Amir Keshmiri spoke about investment opportunities in Iran

Monday, September 16, 2024

Borusan Boru strengthens its presence in the European market with new plant in Romania

Monday, September 16, 2024
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now