9,031.82 TRY BIST 100 BIST 100
4.79 CNY CNY CNY
34.51 USD USD USD
36.34 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
42.50 TRY Interest Interest
72.97 USD Fossil Oil Fossil Oil
31.21 USD Silver Silver
31.21 USD Copper Copper
99.42 USD Iron Ore Iron Ore
365.00 USD Shipbreaking Scrap Shipbreaking Scrap
2,945.15 TRY Gold (gr) Gold (gr)

Ferrous and non-ferrous metals sector targets the US market in 2023 exports

The total exports of the ferrous and non-ferrous metals sector in the first eight months of 2023 reached 8.5 billion dollars. Its share in general exports was 6 per cent.

Ferrous and non-ferrous metals sector targets the US market in 2023 exports

Among the countries to which the ferrous and non-ferrous metals sector exported the most in the January-August period of 2023, Germany ranked first with 1.18 billion dollars, Italy ranked second with 556.6 million dollars and the USA ranked third with 439 million dollars. Çetin Tecdelioğlu, Deputy Chairman of the Turkish Exporters Assembly (TIM) and Chairman of the Board of Directors of Istanbul Ferrous and Non-Ferrous Metals Exporters' Association (İDDMİB), stated that they are planning various activities to increase exports in the US market for the future.

Stating that the USA is the world's largest importer, Tecdelioğlu also stated that it has emerged as a very important market for exporters:

"Our sector wants to contribute to our country's foreign trade volume with the USA to reach 100 billion dollars, and to play a key role in this regard. In order to achieve this goal, we expect the removal of customs duties and the facilitation of trade by concluding a free trade agreement. In addition, we would like logistics centres to be established close to the ports in the USA and logistics difficulties to be overcome."

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

Most read news

Swiss Steel Group board changes

Thursday, October 31, 2024

Per Elfgren appointed as new president of SSAB Special Steels

Wednesday, October 30, 2024

Analysis of last week's market situation

Monday, October 28, 2024

Salzgitter AG appoints Denecke-Arnold as new president of Salzgitter Flachstahl

Tuesday, October 22, 2024

EU steel industry sounds crisis alarm! EUROFER issues open letter

Thursday, October 17, 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