Turkish export steel falls due to anti-dumping measures

In the first 8 months of 2013, due to anti-dumping investigations aroused against Turkish steel products in America, export of steel in the country decreased by 10 percent. The United States launched the process of one of the largest trade investigations in recent years, accusations of manufacturers from 9 countries, including Turkey, on the sale of steel pipes used in the oil and gas sector at unfairly low prices.

In addition, Colombia recently began an anti -dumping investigation for the import of reinforcement, rollery and steel profile from Turkey. According to the Turkish, the Association of Exporters became a share of these goods accounted for 73.9 percent of the total exports of the country in the first seven months of this year.

The Chairman of the Association, Nemik Ekinci, said that Turkish exporters have difficult times due to protective measures in trade and changes in the conjuncture of the world market. The Turkish steel sector is greatly affected by external conditions, in particular, the latest political incidents in the Middle East, which negatively affected export indicators to Egypt and Saudi Arabia.

The Middle East still receives the lion's share of exports of Turkey, which is 5.67 million tons. The European Union is located next to 1.92 million tons, while North Africa is the third largest importer with 1.36 million tons. The Far East, as a rule, is a small market for Turkish exporters that arose as an alternative option.