10,853.49 TRY BIST 100 BIST 100
47.04 EUR EUR EUR
40.67 USD USD USD
5.70 CNY CNY CNY
0.12 CNY CNY/EUR CNY/EUR
39.78 TRY Interest Interest
68.54 USD Fossil Oil Fossil Oil
48.98 USD Silver Silver
4.45 USD Copper Copper
101.64 USD Iron Ore Iron Ore
332.00 USD Shipbreaking Scrap Shipbreaking Scrap
4,407.48 TRY Gold (gr) Gold (gr)

AKİB announced iron and steel sector export figures

R. Onur Kılıçer, Coordinator President of the Mediterranean Exporters' Associations (AKİB), announced that they exported 1.21 billion dollars in May.

AKİB announced iron and steel sector export figures

It is among the sectors where AKİB reached the highest values in May. Stating that the low growth in the global economy made recovery difficult, President Kılıçer said, "The low exchange rate despite the high increase in costs damaged the competitiveness of our exporters. On the other hand, Turkish exporters started to face visa problems while trying to focus on fairs, trade delegation organizations and customer visits abroad in order to revive their trade relations, which were necessarily interrupted during the pandemic period. We are experiencing serious losses in some markets that we were able to enter with great efforts. However, we believe that we can quickly overcome the current problems with the new economic management."

According to the Unions affiliated to AKİB's May exports, the Mediterranean Ferrous and Non-Ferrous Metals Exporters' Association ranks second with a value of 278 million dollars.

President R. Onur Kılıçer added that AKİB reached an export value of 5.96 billion dollars in the January-May period of 2023, while the exports of the region for the last 12 months amounted to 16.94 billion dollars.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

The EU has temporarily suspended additional tariffs on US-origin products

Tuesday, August 5, 2025

Nippon Steel and Vestas provide strong support for Japan's wind energy targets

Tuesday, August 5, 2025

Statement from ÇİB on the EU's scrap surveillance system

Tuesday, August 5, 2025

NEOM Port reduces transit time on the Egypt-Saudi Arabia-Iraq route by more than 50%

Tuesday, August 5, 2025

Pyro Green-Gas has completed the installation of a hydrogen production and gas purification system at Tata Steel's facility in India

Tuesday, August 5, 2025
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now