Newsletters
Türkiye’s steel sector continued its upward trend in September, with exports rising 7.5% compared to the same period last year. The country’s steel exports reached $1.47 billion, according to data compiled by the Turkish Exporters Assembly (TIM).
The steel industry has been a vital contributor to Türkiye's export growth, even as other sectors have experienced downturns. The government's focus on exports as a key driver of economic growth has had a positive impact on the steel sector.
Romania emerged as the largest buyer of Turkish steel in September, with exports to the country totaling $156.24 million. Other major buyers include:
The most significant increase in steel exports, in percentage terms, was to Palestine, where exports surged by an impressive 30.93%, reaching $48.62 million.
Türkiye's steel exports saw substantial growth across various European markets. Exports to:
However, exports to Germany and the United Kingdom showed mixed results.
By region, Istanbul-based companies led the country’s steel exports, accounting for $641.27 million in September alone. Other major contributors were:
The steel sector remains one of Türkiye’s key export industries, with ongoing efforts to expand its reach and sustain its growth in international markets.
1 min read
1 min read
