Turkey’s new net importer status harms steel sector, TÇÜD says

Turkey became a net steel importer in 2016 after 15 years of being a net exporter, and this harms the sector, the Turkish Steel Producers’ Assn (TÇÜD) said on Monday July 11.

The reason Turkey became a net importer is that the country’s steel export volumes have been decreasing over the past three years, while imports continue to increase, the association added.

Turkey exported 8.40 million tonnes of steel in 2012,...


Serife Durmus

July 13, 2016

15:58 GMT