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Turkey's steel exports surged by 48.6% in quantity and 26.2% in value during the January-May 2024 period, reaching 5.4 million tons worth $4 billion.[2] This strong performance was driven by increased crude steel production, which rose by 11.6% year-over-year in May.
[3] Turkey's iron and steel exports ranked among the top products by export value, with the sector seeing a 22% increase in export value in the first four months of 2024.[4][5] These figures highlight Turkey's growing prominence as a major steel exporter on the global stage.
Citations:
[1] https://aisusteel.org/en/26231/
[2] https://news.mesteel.com/2024/07/01/crude-steel-and-exports-rise-in-jan-may-2024-tcud/
[3] https://www.steelorbis.com/steel-news/latest-news/tcud-turkeys-steel-exports-increase-by-486-percent-in-jan-may-1346844.htm
[4] https://aisusteel.org/en/27440/
[5] https://www.steelorbis.com/steel-news/latest-news/tuik-turkeys-steel-export-value-up-213-percent-in-january-may-1346594.htm
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