10,479.16 TRY BIST 100 BIST 100
4.47 CNY CNY CNY
34.98 EUR EUR EUR
32.25 USD USD USD
0.13 CNY CNY/EUR CNY/EUR
41.57 TRY Interest Interest
83.38 USD Fossil Oil Fossil Oil
31.38 USD Silver Silver
4.67 USD Copper Copper
120.47 USD Iron Ore Iron Ore
382.00 USD Ship Dismantling Ship Dismantling
2,414.34 TRY Gold (gr) Gold (gr)

Iran's billet and bloom exports to Turkey increase by 78% in the first half of 2023

Iran rise to the fifth place in Turkey's semi-finished goods import points to a significant growth in trade relations between the two countries.

Iran's billet and bloom exports to Turkey increase by 78% in the first half of 2023

Iran has experienced  78% surge in its billet and bloom exports to Turkey. This surge solidifies Iran rise to the fifth place in Turkey's semi-finished goods import points to a significant growth in trade relations between the two countries. This increase underscores the growing economic ties and mutual cooperation between Iran and Turkey in the realm of industrial exports.

Throughout the first half of 2023, Turkey diversified its sources of billet and bloom imports, engaging with a range of countries for its supply. Notably, Russia emerged as the predominant supplier, accounting for 48% of Turkey's imports, followed by Algeria at 19%, and Oman at 9%. 

The remaining 13% was distributed among Malaysia, Iran, Republic of Azerbaijan, Kuwait, India, Belarus, and Pakistan, showcasing a collaborative effort among these nations in contributing to Turkey's industrial imports.

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

Taiwan’s stainless steel mills set to increase prices

Thursday, May 30, 2024

POSCO will provide steel slag for environmentally friendly asphalt production

Thursday, May 30, 2024

"Super-rapid market insights using satellite technology"

Thursday, May 30, 2024

Flat steel import prices in UAE and Saudi Arabia remain stable as buyers exercise caution

Thursday, May 30, 2024

Iron and steel export value of Türkiye increased by 22% in January-April period

Thursday, May 30, 2024
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