Turkish steel exports to remain strong in 2013, producers say

Turkish steel exports increased by 10% to 20.3 million tonnes in 2012, according to information published this week by the Turkish Iron & Steel Producers’ Assn (DCUD).

Paragraph entered by Atlantic migration, in order for SteelFirst articles to display correctly on Metal Bulletin.

The country’s exports will exceed 22 million tonnes in 2013 even though some markets are slowing down, the group added.

In 2012, Turkey’s exports to the European Union decreased by 35% compared with 2011, DCUD general secretary Veysel Yayan said.

Turkey’s exporters balanced the lack of demand from Europe by exporting to the Middle East, North Africa and the USA, DCUD said.

The country’s steel production grew by 5.2% in 2012, it added, outstripping the global average of 1.2%.

The association emphasised the importance of production growth in the country’s South Mediterranean region, where crude steel production increased by 11.9% to 12 million tonnes in 2012.

The country’s total production increased by 1.78 million tonnes in 2012, with 72% of the volume provided by the south Mediterranean region, DCUD said.

What to read next
A summary of second-quarter and first-half results posted by Aluminium Bahrain (Alba) for the period ending June 30, 2022
The publication of Fastmarkets’ daily steel hot-rolled coil index, domestic, ex-works Northern Europe and daily steel hot-rolled coil index, domestic, exw Italy for Monday August 15 took place earlier than scheduled due to a reporter error.
Fastmarkets invites all nickel market participants to provide feedback on its initiative to launch a price for the physical mixed-hydroxide-precipitate (MHP) market.
Inquiries for supplies of low-carbon aluminium in Europe for 2023 are steadily increasing, leading a growing number of market participants to write the Fastmarkets low-carbon aluminium differentials into their contracts
The Inflation Reduction Act in the United States may ironically cause global metal market prices to rise for some metals used in electric vehicles (EVs), Fastmarkets sources said
Globalization, financialization and other key differences in today’s metals markets make comparisons to past periods of inflation potentially misleading. Fastmarkets experts discuss.
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.