In the first two months of the current year, Turkey's steel exports increased by 2.5 percent year on year to 3.25 million mt, while the value of these exports moved up by 27.6 percent year on year to $2.6 billion, according to the data released by the Turkish Steel Producers' Association (TCUD).
In the given period, Turkey's long steel exports fell by 8.8 percent to 1.75 million mt, while its flat steel exports increased by 56.3 percent to 811,000 mt, both on year-on-year basis. In the January-February period, the country’s semi-finished steel exports fell by 38 percent to 89,000 mt, year on year.
In February this year, Turkey's steel exports decreased by 5.4 percent to 1.61 million mt, with a value of $1.3 billion, up 21.6 percent, both year on year.
In the given month, Turkey's flat steel exports increased by 46.8 percent year on year to 466,000 mt, while its long steel product exports decreased by 18.7 percent year on year to 802,000 mt. In the given month, the country’s semi-finished steel exports declined by 69.2 percent to 30,000 mt, year on year.