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Turkish iron and steel industry achieves record export growth in many EU cou-激光设备展-钣金工业展-2025第二十五届广州国际激光设备、钣金工业展览会-巨浪展览- 25th China(Guangzhou) Int'l Laser Equipment and Sheet Metal Industry Exhibition
10/8/2024 sheet metal expo-Laser expo |
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According to the data of the lMediterranean Ferrous and Non-Ferrous Metals Exporters Association (ADMlB). the Turkish ferrousand non- ferrous industry''s exports in August this year increased by 1 5 percent to $1.1 bilion, while the countny''s steel exportstotaled $1.4 bilion, up by 5.5 percent, both year on year. The two industries'' share in the country''s total exports in the given monthcame to 11.3 percent. Germany ranked frst among destinations for Turkey''s iron and steel exports in August with $190.1 milion.Germany was folowed by ltaly with $147.9 milion and Romania with $127.5 milion. The Turkish iron and steel industry achievedstrong exporis to Europe in the given month, posting record growth in exports to many European countries, especially to ltaly, theUK and Spain.
Meanwhile. in the given period, ferrous and non-ferrous metal exports of producers in Turkev''s Mediterranean region increased by7.2 percent year on year to $64.7 milion, while steel exports from the region reached $220.1 milion, with a record increase of 63percent year on year.
Commenting on the export data for Auqust, Fuat Tosyall. ADMlB president, noted that the steel industry''s exports recordeduninterrupted growth, while he underlined that positive momentum was achieved in the exports of ferrous and non-ferrous metalsin the second half of the year. "Last year, we experienced the worst scenarios for our industries, but this year we entered therecovery process with the introduction of new investments and the increase in our production volume. The orders we receive fromEurope, our biggest market, and the export increases are morale inspiring. We wish to close the year in the best possible way andperform better next vear. Our goal should be to achieve or even exceed the performance recorded in 2021. which is our best yeain terms of exports." Mr. Tosyall said.
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