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Turkey’s export of steel to Iran drops almost by 20%

World Materials 16 December 2019 16:22 (UTC +04:00)
Turkey’s export of steel to Iran drops almost by 20%

BAKU, Azerbaijan, Dec. 16

By Rufiz Hafizoglu - Trend:

From January through November 2019, export of Turkish steel to Iran dropped by 19.6 percent compared to the same period of 2018, amounting to $62.2 million, Turkey’s Ministry of Trade told Trend.

In November 2019, export of Turkish steel to Iran dropped by 13.8 percent compared with November 2018, amounting to $4.1 million.

From January through November 2019, Turkey’s export to Iran grew by 4.6 percent compared with the same period of 2018, amounting to $2 billion.

In November 2019, Turkey’s export to Iran grew by 1.9 percent compared to November 2018, amounting to $191.1 million.

From January through November 2019, Turkey’s export of steel grew by 6.9 percent compared with the same period of 2018, amounting to $72.1 billion.

In November 2019, Turkey’s export of steel dropped by 36 percent compared with November 2018, amounting to $5.7 billion.

Over the past 12 months (November 2018 - November 2019), Turkey's steel exports increased by nearly 11.3 percent, compared to the same period in 2017-2018, and exceeded $79.8 billion.

Follow the author on Twitter: @rhafizoglu

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