steel – Muhasebe News

Turkey as A Net Exporter in Steel Again!

MuhasebeNews — Tue, 10 Oct 2017 07:00:47 +0000

In 2016, 16.5 million tons of steel was exported from Turkey. Turkey’s steel exports in 2016 increased by 2.4 percent in volume compared to the previous year.

Turkish steel industry also maintained its upward momentum in the first months of 2017. Turkey’s total exports in the first two months of 2017 amounted to 3.3 million tons, reaching a value of 2.1 billion US Dollars. The Middle East continued to be the largest export market for the steel industry with 5.3 million tons.

The countries where the steel industry experienced the highest increase in exports on yearly basis in terms of quantity were Yemen, Israel, Spain, Egypt and the Netherlands. In 2016, the most exported steel products were 7 million tons of construction steel, 2 million tons of flat hot, 1.8 million tons of welded pipes and 1.5 million tons of profiles.

Source: Ministry of Economy

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Solid Fuels of Turkey, March 2017

MuhasebeNews — Thu, 01 Jun 2017 14:23:10 +0000

Maximum production and delivery were in lignite
Marketable production of solid fuels was 118 thousand 245 tons for hard coal, 4 million 842 thousand 340 tons for lignite and 387 thousand 367 tons for coke derived from hard coal in March 2017. For the same month, deliveries⁽¹⁾ were 2 million 682 thousand 895 tons for hard coal, 4 million 299 thousand 557 tons for lignite and 446 thousand 263 tons for coke derived from hard coal.

The lowest ratio of production to deliveries was in hard coal
The lowest ratio⁽²⁾ of marketable production to deliveries was in hard coal by 4.4%. This ratio was 86.8% for coke derived from hard coal and 112.6% for lignite.

Hard coal and lignite were delivered mostly to the thermal power plants
Distribution of solid fuels according to breakdown of main delivery places was 55.4% to thermal power plants, 19.4% to coking plants, 6.3% to industry (except iron and steel industry) for hard coal whereas, 86.5% to thermal power plants for lignite and 97.7% to iron and steel industry for coke derived from hard coal.
Ratio of production to deliveries, March 2017

TOP-4 importers of Kyrgyzstan and goods they sell

MuhasebeNews — Mon, 27 Mar 2017 11:09:16 +0000

Russia, Kazakhstan, Turkey and China were the top-4 importers of Kyrgyzstan during the first ten months of 2016, Tazabek reported citing the official data.

Russia imported oil and oil products for $230.9 million, iron and steel – $76.8 million, natural gas – $29.2 million.

Kazakhstan imported cereals and cereal products for $73.2 million; Turkey – clothing and accessories for $51.6 million, textile yarn, fabric, finished products – $21.3 million; and China imported garments and accessories – $166.6 million, iron and steel – $35.8 million.

The goods deliveries from the CIS countries in January-October 2016 to Kyrgyzstan decreased by $374.7 million amounting to $1.396 billion or 42.7% of total imports.

Meanwhile, the imports from the non-CIS countries increased by $348.2 million and amounted to $1,875.9 million (57.3%).

Source: akipress.org