9,367.77 TRY BIST 100 BIST 100
4.79 CNY CNY CNY
34.56 USD USD USD
36.19 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
41.35 TRY Interest Interest
74.24 USD Fossil Oil Fossil Oil
30.90 USD Silver Silver
4.09 USD Copper Copper
100.80 USD Iron Ore Iron Ore
365.00 USD Shipbreaking Scrap Shipbreaking Scrap
2,982.57 TRY Gold (gr) Gold (gr)

Türkiye Metal Industry Export Index: Unit prices for ferrous and non-ferrous increased

Türkiye Metal Industry Export Index results for September were announced.

Türkiye Metal Industry Export Index: Unit prices for ferrous and non-ferrous increased

Istanbul Ferrous and Non-Ferrous Metals Exporters' Association has announced the results of the 'TR-METALENDEKS' for the month of September, which includes the export growth rates of the sector and expectations for the next month. In the index, which showed a decrease in quantity and value compared to the previous month, an increase in unit prices was observed. According to the data for September, there was a 17% decrease in iron and steel exports in the first half of 2023 and a 12% decrease in metal industry exports.

Istanbul Ferrous and Non-Ferrous Metals Exporters' Association made the following statement:

Istanbul Ferrous and Non-Ferrous Metals Exporters' Association made the following statement:

"The metal industry export quantity and value index decreased in September after the increase in August, with the quantity dropping from 137.24 points to 128.32 points and the value dropping from 158.19 points to 151.05 points. Export unit prices, after the correction in Turkish Lira, were $4.31/kg in August, and they reached $4.40/kg in September. Çetin Tecdelioğlu, the Vice President of the Türkiye Exporters Assembly (TİM) and Chairman of the Board of Directors of the Istanbul Ferrous and Non-Ferrous Metals Exporters' Association (İDDMİB), shared the information that the  ferrous and non-ferrous metals sector's exports reached $9.5 billion in 9 months. He said, "We must continue sustainable production. Türkiye is strategically located in a very important position. There are 55 countries within a 4-hour radius. By making good use of such opportunities, we believe that Turkey will definitely get a share of the global market and grow.

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

South Korea's crude steel production decreased by 18.3% in October

Friday, November 22, 2024

SSAB and Saint-Gobain's slag reprocessing plant in Raahe progresses

Friday, November 22, 2024

US Steel Producer partners with Primetals Technologies for EAF Ultimate

Friday, November 22, 2024

Imported scrap prices on the decline, demand stagnant!

Friday, November 22, 2024

Roadmap for India’s steel sector: Demand, imports and future plans

Friday, November 22, 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