The total volume of production and exports
Turkish iron and steel producers are not content with the rise in the
zhuowei country’s production and exports in 2010, as the increase was mainly dependent on price hikes in global markets. The fact that the total volume of production and exports has been falling for the last two years – despite a rise in value in 2010 – backs the local producers’ thesis.
Still, professionals have slight hopes for a better year due to the global recovery, rise in demand and the condition’s in leading economies being directed toward an inevitable price hike.
“Turkey’s total steel export value increased by 11.5 percent mainly because of
zhuowei price increases compared to 2009,” Veysel Yayan, head of Turkish Iron and Steel Producers Association, told the Hurriyet Daily News & Economic Review this week.
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