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Turkey reveals data on steel export to int'l markets

Turkey Materials 9 September 2020 10:17
Turkey reveals data on steel export to int'l markets

BAKU, Azerbaijan, Sept. 9

By Rufiz Hafizoglu - Trend:

Steel exports from Turkey to world markets decreased by 16.1 percent from January through August 2020, compared to the same period of 2019, amounting to $7.8 billion, the Turkish Trade Ministry told Trend.

The ministry said that Turkey’s steel exports made up 7.7 percent of the country's total exports over the specifying period.

In August 2020, Turkey exported the steel to international markets in the amount of $878.4 million, which is 13.5 percent less compared to August 2019, the ministry noted.

At the same time, Turkey’s steel exports in August 2020 accounted for 7 percent of the country's overall exports.

Over the past 12 months (from August 2019 through August 2020), Turkey exported the steel worth over $12.3 billion to foreign markets.

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Follow the author on Twitter: @rhafizoglu

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