9,321.64 TRY BIST 100 BIST 100
5.27 CNY CNY CNY
44.06 EUR EUR EUR
38.20 USD USD USD
0.12 CNY CNY/EUR CNY/EUR
45.84 TRY Interest Interest
66.96 USD Fossil Oil Fossil Oil
40.44 USD Silver Silver
4.76 USD Copper Copper
99.35 USD Iron Ore Iron Ore
352.00 USD Shipbreaking Scrap Shipbreaking Scrap
4,286.58 TRY Gold (gr) Gold (gr)

Turkey's Iron and Steel exports to Saudi Arabia saw a significant increase in July

Iron and steel exports from Turkey to Saudi Arabia increased by 26.33% in July compared to the previous month, rising from 1 million 594 thousand dollars to 2 billion 14 thousand dollars.

Turkey's Iron and Steel exports to Saudi Arabia saw a significant increase in July

While Turkey did not import iron and steel from Saudi Arabia in June and July of this year, the situation with exports was different. Iron and steel exports from Turkey to Saudi Arabia increased by 26.33% in July compared to the previous month, rising from 1 million 594 thousand dollars to 2 billion 14 thousand dollars.

In the first month of the year, these exports were valued at 6 million 802 thousand dollars, and in February, they increased by 15% to reach 7 million 834 thousand tons. March witnessed an 86% increase compared to February, reaching 14 million 581 thousand dollars.

Turkey's iron and steel imports from Saudi Arabia did not occur in the first quarter of the year. However, a record increase of 28 million 865 thousand dollars was seen in April 2023. On the export side, there was a 77% decrease in April compared to the previous month, and this downward trend continued in May. In May 2023, a 17% decrease was recorded compared to April. Nevertheless, iron and steel exports from Turkey to Saudi Arabia decreased by 41.5% to 1 million 594 thousand dollars in June.

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

April prices fluctuated in Egypt's rebar market

Tuesday, April 22, 2025

Türkiye's consumer confidence index decreased again in April

Tuesday, April 22, 2025

EU supports Spain with 400 million euros in hydrogen production support

Tuesday, April 22, 2025

İsdemir to build a SPP worth TRY 701.6 million in Diyarbakır

Tuesday, April 22, 2025

Egypt and Saudi Arabia to cooperate on green energy

Tuesday, April 22, 2025
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