BAKU, Azerbaijan, July 27
By Rufiz Hafizoglu – Trend:
Steel export from Turkey to Russia rose by 10.32 percent from January through July 2020, compared to the same period of 2019, having surpassed $37 million, Turkey’s Trade Ministry told Trend.
In June 2020, Turkey’s steel export to Russia soared by 51.99 percent compared to the same month of last year, exceeding $7.2 million.
In 1H2020, export of Turkish steel to world markets dropped by 16.6 percent compared to 1H2019, amounting to $5.9 billion.
Turkey’s steel export accounted for 8 percent of the country's total exports during this period.
In June 2020, Turkey exported the steel to foreign markets in the amount of over $1.1 billion, which is 28.6 percent more compared to the same month of 2019. In this month, Turkey’s steel export accounted for 8.4 percent of the country's total exports.
Over the past 12 months (from June 2019 through June 2020), Turkey exported $12.6 billion worth of steel abroad.
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