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Turkey increases export of steel to China

Türkiye Materials 9 April 2020 19:03 (UTC +04:00)
Turkey increases export of steel to China

BAKU, Azerbaijan, April 9

By Rufiz Hafizoglu - Trend:

The export of steel from Turkey to China increased by 73.84 percent from January through March 2020 compared to the same period of 2019, amounting to $3.8 million, the Turkish Ministry of Trade told Trend on April 9.

In March 2020, the export of steel from Turkey to China increased by 96.03 percent compared to March 2019 and amounted to over $1 million.

The export of steel from Turkey to the world markets decreased by 15.1 percent from January through March 2020 compared to the same period of last year amounting to $3.1 billion.

The export of steel from Turkey amounted to 7.3 percent of the country's total export volume from January through March 2020.

In March 2020, Turkey exported steel worth $984.1 million to the world markets, which is 24.4 percent less than in the same month of 2019.

The export of steel from Turkey in March 2020 amounted to 7.3 percent of the country's total export volume.

Over the past 12 months (from March 2019 through March 2020), Turkey exported steel worth $13.3 billion.

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Follow the author on Twitter: @rhafizoglu

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