Home Turkish Business Life Turkey as A Net Exporter in Steel Again!

Turkey as A Net Exporter in Steel Again!

1626
0

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

Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither MuhasebeNews nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.

Previous articleDrug Exports Increased By 43 Percent!
Next articleWhat are the Benefits of Educating Our Children?

LEAVE A REPLY

Please enter your comment!
Please enter your name here