13,092.93 TRY BIST 100 BIST 100
44.10 USD USD USD
6.43 CNY CNY CNY
50.60 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
39.82 TRY Interest Interest
104.37 USD Fossil Oil Fossil Oil
5.77 USD Copper Copper
113.97 USD Silver Silver
107.52 USD Iron Ore Iron Ore
369.00 USD Shipbreaking Scrap Shipbreaking Scrap
7,128.76 TRY Gold (gr) Gold (gr)
109.00 USD Iron Ore 61% Fe Iron Ore 61% Fe

Fuat Tosyalı: Turkish Iron and Steel industry targets positive growth in final month of the year

Türkiye's iron and steel industries contributed significantly to the country’s foreign trade, with strong demand from Europe offering key support to exporters in November.

Fuat Tosyalı: Turkish Iron and Steel industry targets positive growth in final month of the year

Türkiye's iron and steel sectors made a strong contribution to the country’s foreign trade by maintaining their production and market focus despite global uncertainties. Nationwide, steel exports increased by 5.9% to reach USD 1.3 billion, while exports of iron and non-ferrous metals decreased by 0.9% to USD 1 billion. Over the first 11 months of the year, the total exports of these sectors reached USF 27 billion, accounting for 11% of Türkiye’s overall exports in November.

Demand remained strong in Europe, with the UK attracting attention

In ADMİB exports, Romania, Italy, and the United Kingdom stood out, with record growth achieved in Romania and the UK. Robust demand in the European market provided support for exporters, with notable increases recorded in countries such as Belgium, Bulgaria, and the United Kingdom.

"We are following a roadmap that adapts to changing global demand"

ADMİB Chairman Fuat Tosyalı highlighted the resilience the sector has shown throughout the year and stated that they aim to close the final month with positive figures. Tosyalı emphasized that in 2026, new market expansions, competitive production models, and high value-added exports will come to the forefront. He stated that,“Companies that can accurately read the shifting demand centers in the global economy will gain a stronger position in the coming period. In particular, the green transformation has now become an unavoidable issue. Through projects that raise environmental standards, reduce carbon footprints, and place digitalization at the center, we aim to enhance the competitiveness of our exporters. As a union, we follow a roadmap that helps our exporters adapt to this change. Our goal is not for our companies to fall behind in this transformation, but rather to become lasting and strong players in emerging markets.”

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

Ukraine launches anti-dumping investigation into steel bars and angles of Turkish origin

Monday, March 16, 2026

Ekinciler is preparing for 180 tons of production per hour with the new Danieli K-Welding system

Monday, March 16, 2026

UK imposes new anti-dumping measure on tin products imported from China

Monday, March 16, 2026

Chinese economy gets off to a strong start in 2026

Monday, March 16, 2026

British Steel public spending reached GBP 377 million

Monday, March 16, 2026
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