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Turkey: Ferrous and non-ferrous metals industry became the 6th largest exporting sector

In the January-October period, the ferrous and non-ferrous metals sector realized an export of $9.9 billion. IDDMIB President Tahsin Oztiryaki said, “As the iron and non-ferrous sector, we continue to contribute to our country’s economy. In the first 10 months of the year, we exported close to $10 billion. We became the 6th sector that exports the most among the industrial sectors. Our goal is to continue our rise until the end of the year.”

According to the statement made by the Istanbul Ferrous and Non-Ferrous Metals Exporters’ Association (IDDMIB), the ferrous and non-ferrous metals industry continues to contribute to Turkey’s total exports.

IDDMIB announced the export figures of the sector for the January-October period.

According to the January-October cumulative data of this year, the ferrous and non-ferrous metals sector exported $9.9 billion in the January-October period.

IDDMIB President Tahsin Oztiryaki, whose views were included in the statement, said:

“As the iron and non-ferrous sector, we continue to contribute to our country’s economy. In the first 10 months of the year, we exported close to $10 billion. We became the 6th sector that exports the most among the industrial sectors. Our goal is to continue our rise until the end of the year. Among the countries to which our industry exports the most in October, Germany ranked first with $158.6 million, Italy ranked second with $83.9 million, England was third with $65.7 million, and the USA was fourth with $61.7 million.”

According to the cumulative data of January-October 2021, Oztiryaki said: “In this period, Germany ranked first with $1.2 billion, Italy followed with $685 million, and the United Kingdom, with $552 million, followed Germany in the third place. After the STA, there was an increase in exports to the UK by 70% in value and by 33%. Thus, we achieved an increase 1.5 times above the average export growth of the sector, both in terms of value and quantity.”

“INCREASE CONTINUES IN ALL SUB-INDUSTRY”

Evaluating the export figures of sub-sectors, Oztiryaki continued his words as follows:

“In the period of January-October 2021, the Aluminum industry ranked first in terms of value with $3.98 billion in sub-sector exports, while the Copper industry took the second place with $1.84 billion. In addition, among the sub-sectors of our Association, the Welding materials sector has the highest export growth rate with a rate of 69%, Copper 65%, Aluminum 67%, Building Materials 48.5%, Casting 33%, Kitchenware 38.5%, Industrial Kitchen 38.4%, Metal Hardware 34.5%, Metal Packaging 24%. A satisfactory picture was seen with very high increase rates in the exports of our sub-sectors, especially.

Oztiryaki gave information about the activities of the association and said, “We aim to participate in the Batimatec Algeria fair to be held in Algeria in November and the Kuwait Build fair to be held in Kuwait in December. In addition, at the Eurasia Door and Window Fair, which was held for the 22nd time in TUYAP this year, we are bringing together our foreign companies, brought from 5 countries, Bulgaria, Macedonia, Azerbaijan, Bosnia and Herzegovina, and Chile, with our members, with the support of our Ministry of Trade, under the coordination of our Union.”

“WE WILL ORGANIZE 17 NATIONAL PARTICIPATION ORGANIZATIONS IN 2022”

Expressing that the fair calendars for 2022 are quite busy, Oztiryaki noted that they are planning a total of 17 national participation organizations in all sectors.

Oztiryaki pointed out that the European Union Green Agreement is an important issue that is frequently talked about but whose details are not well understood, and said:

The Carbon at the Border Regulation, which is envisaged to be implemented within the scope of the Green Deal, will bring an additional cost to our exports to the EU. It is important to develop our Emission Testing and Certification infrastructure in a way that will be recognized by the EU in order to adapt to this process quickly. On the other hand, we see that our companies need to be guided beyond being informed in terms of reducing their own carbon emissions. We believe that these risks can be turned into opportunities and that we will be one step ahead of our competitors with appropriate steps to be taken.

We are in talks with the German Importers Association on this issue. We should immediately inform our exporters about the standards that the EU has set or will gradually set in the coming years, and raise awareness. We are preparing a work program in which we will support all our members in the preparations to be made in order to be the number one choice of foreign importers. We will share more detailed information about the events to be held in the near future.”

Source: Haberturk / Translated by Irem Yildiz

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