According to the Turkish Mediterranean Association of Ferrous and Non-Ferrous Metal Exporters (ADMIB), in November this year, Turkey's exports of ferrous and non-ferrous metals increased by 0.9 percent year-on-year to $1 billion, while exports of the steel industry increased by 5.9 percent year-on-year to $1.3 billion. On the other hand, in the first 11 months of the year, exports of ferrous and non-ferrous metallurgy increased by 5.9 percent year-on-year to $12 billion, while exports of the steel industry increased by 2.3 percent year-on-year to $15 billion. These two sectors, with a total export volume of $27 billion, together accounted for 11.1 percent of Turkey's total exports.
In November, Germany was the leading market for Turkish iron and steel exports. Germany was followed by Italy, Romania, Great Britain and Bulgaria. In addition, exports to Belgium increased by 138 percent in the same month, while exports to the United Kingdom and Romania increased by 24 percent and 23 percent, respectively, year-on-year.
Meanwhile, in November, exports of ferrous and non-ferrous metals from Turkish steel producers from the Mediterranean region decreased 0.2 percent year-on-year to $68 million, while steel exports increased 6.3 percent to $204 million. In January-November, exports of ferrous and non-ferrous metals increased by 7.5 percent to $738 million, while steel exports decreased by 8.4 percent to $1.9 billion. In November, Romania was the leading market for Turkish exporters of ferrous and non-ferrous metals from the Mediterranean region. Romania was followed by Italy, Egypt, the United Kingdom and Iraq. In addition, exports to Romania increased by 291 percent in the same month, while exports to the UK increased by 272 percent year-on-year.
Assessing the sector's performance in November, ADMIB President Fuat Tosyali said that the Turkish steel industry has maintained its production capacity and market orientation during a period marked by global uncertainty. Stressing the sustainability of the sector throughout the year, Mr. Tosyaly noted that they also intend to complete the last month of the year with positive indicators.
Although the steel industry made a significant contribution to Turkey's foreign trade in November, steady demand in the European market supported Turkish exporters. Stressing that new market expansions, competitive production models and value-added exports will come to the fore in 2026, Mr. Tosyaly said: "Our companies will be able to correctly interpret the shift in demand centers in the global economy.,
