Turkey’s crude steel production rises in first five months
ANKARA – Anadolu Agency
Turkey’s crude steel production rose 4.3 percent on an annual basis in the first five months of the year, reaching 15.9 million tons, the Turkish Steel Producers’ Association (TCUD) reported on July 7.
Gazi Bilgin, acting secretary-general of the TCUD, told state=run Anadolu Agency that U.S. President Donald Trump’s decision to impose a 25 percent tariff on imported iron and steel affected Turkey’s exports.
After Trump’s controversial decision, steel exports to the country fell 30 percent to $71.5 million in June, and also dropped 42 percent to $421 million in the first six months of the year.