Economy

Steel exports reached 1.5 billion dollars

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Steel exports increased by 7.5% annually in September, reaching 1 billion 474 million 316 thousand dollars. Turkey’s steel exports in September increased by 7.5% compared to the same month last year, reaching 1 billion 474 million 316 thousand dollars. According to the Turkey Exporters Assembly (TIM) data, Turkey’s steel exports in September increased by 7.5% compared to the same month last year, reaching 1 billion 474 million 316 thousand dollars. The steel sector made the highest export of 156 million 240 thousand dollars to Romania in September. Following Romania, Italy with 83 million 54 thousand dollars, Spain with 73 million 870 thousand dollars, Germany with 63 million 536 thousand dollars, and the United Kingdom with 62 million 596 thousand dollars. EXPORTS SPEED UP TO PALESTINE The sector’s highest export increase of 48 million 470 thousand dollars was made to Palestine. In export increase, Spain followed Palestine with 44 million 983 thousand dollars, Romania with 39 million 575 thousand dollars, Italy with 35 million 740 thousand dollars, and Portugal with 22 million 378 thousand dollars. The sector, during this period, carried out exports of 48 million 626 thousand dollars to Palestine and 27 million 982 thousand dollars to Portugal. ISTANBUL TAKES THE LION’S SHARE When looked at on a provincial basis, Istanbul companies made the most exports in the steel sector last month with 641 million 269 thousand dollars. Istanbul was followed by Hatay with 196 million 87 thousand dollars, Kocaeli with 106 million 87 thousand dollars, Ankara with 103 million 329 thousand dollars, and Bursa with 93 million 504 thousand dollars.

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