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Turkey's export of steel to Germany almost doubles

Türkiye Materials 9 September 2021 18:09 (UTC +04:00)

BAKU, Azerbaijan, Sept. 9

Trend:

The value of steel exports from Turkey to Germany surged by 88.1 percent from January through August 2021, compared to the same period of 2020, reaching $486.8 million, the Turkish Ministry of Trade told Trend.

According to the ministry, in August 2021, Turkey exported steel worth $86.2 million to Germany, an increase of 2 times compared to August 2020.

Turkey increased steel exports by 68.7 percent from January through August 2021 compared to the same period of 2020 - up to $13.2 billion.

Turkey exported steel worth $2.29 billion in August, which is 1.6 times more than in August 2020.

Over the past 12 months (from August 2020 to August 2021), Turkey’s steel exports amounted to $17.9 billion.

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