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

Turkey as A Net Exporter in Steel Again!

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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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