Turkey increased steel imports to 81,5%

Turkey in February 2011 compared with February 2010 increased imports of iron and steel by 81.5% to 1.59 billion dollars This is illustrated by Turkish Statistical Institute and the Turkish Undersecretariat of Customs. Compared with the previous month supply of metal in the country rose by 5.17%. In general, within two months from the beginning, the imports of iron and steel in Turkey reached 3.1 billion dollars, which is 54,5% more compared to the same period last year. Earlier in Istanbul Iron & Steel Exporters' Union suggested that Turkey was in 2011 to increase steel exports by 30% to 16 billion dollars, in turn, the production volumes of metal to the Turkish companies will rise this year by 16% to reach 20 million tons . First it was reported that Turkey in 2011 could increase its revenues from exports of steel by 20%, to $ 15 billion addition, market analysts believe that the volume of steel production in the country this year may reach 33 million tons. According to World Steel Association, in 2010 the volume of steel production in Turkey was 29 million tons, up 14.6% over the previous year. Today it is among the ten largest producers in the world of metal. Ministry of Industry