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Turkish steel's share on Turkmen market for 1H2021 declines

Türkiye Materials 16 July 2021 14:45 (UTC +04:00)
Turkish steel's share on Turkmen market for 1H2021 declines

BAKU, Azerbaijan, July 16

Trend:

The value of steel export from Turkey to Turkmenistan has decreased in the first half of 2021, the Turkish Ministry of Trade told Trend.

According to the ministry, this indicator amounted to slightly over $45 million, down 31.7 percent on annual basis.

In June 2021, the export of steel from Turkey to Turkmenistan spiked by 61.3 percent year on year, exceeding $12.4 million.

Turkey has increased the export of steel by 54.9 percent from January through June 2021 compared to the same period of last year up to $9.2 billion.

Turkey exported steel worth $2.02 billion in June 2021, which is 81 percent more than in June 2020.

The export of steel almost reached $15.9 billion over the past 12 months (from June 2020 through June 2021).

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