Turkey's steel exports increase in H1, imports fall
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Steel NewsAugust 1, 20241 min read

Turkey's steel exports increase in H1, imports fall

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In June, , Turkey’s steel exports increased by 30.9% to 1.14 million mt, while the value of these exports rose by 12.6% to $829.24 million, year on year, according to a statement released by the Turkish Steel Producers’ Association (TCUD). In the first half, the country’s steel exports increased by 45.1% to 6.49 million mt, while the value of these exports rose by 23.6% to $4.79 billion, both year on year. In June, Turkey’s steel imports decreased by 20.1 % to 1.17 million mt, while the value of these imports moved down by 30.0 % to $928.97 million, both year on year. In the first six months this year, the country’s steel imports decreased by 13.3% to 8.23 million mt, while the value of these imports fell by 19.5% to $6.51 billion, both year on year. In the January-June period, Turkey’s steel export to import ratio increased to 73.63% from 47.94% in the same period last year.

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