World Bulletin / News Desk
Crude steel production in Turkey increased 5.2 percent last year, reaching 33.2 million tons.
According to data from the Turkish Steel Producers' Association (TCUD) Turkey maintained its position as the world’s eighth largest crude steel producer, accounting for about 2.03 percent of global crude steel output.
The country's steel export volume also increased by 1.2 percent to reach 16.9 million tons. However, the value of steel exports declined by eight percent to $10.8 billion due to low steel prices.
Meanwhile, the country's steel imports declined by eight percent to 17.5 million tons. The association said Turkey paid $10.9 billion for imports, mainly to China.
World crude steel production increased 0.8 percent in 2016, compared to 2015, reaching 1,628 megatons.
China maintained its leading position on the list of crude steel producers in 2016, with its total production reaching 808 million tons, accounting for a 49.6 percent share in world crude steel production.
Treasury reports central government debt stock in March rises around 15 pct year-on-year, reaching nearly $235 billion
Sales to foreigners amounted to 1,827, 15.8 pct rise year-on-year, according to official report
BIST 100 slips 0.15 percent; US dollar/Turkish lira exchange rate stands at 4.0460
BIST 100 rises 0.01 percent; US dollar/Turkish lira exchange rate drops to 4.0250
Fresh hopes that Donald Trump and North Korea's leader Kim Jong Un will hold a historic summit within months also provided some much-needed optimism.
The fund cautioned that investors and financial markets expect a steady approach to monetary tightening based on the belief inflation will remain relatively tame.
Turkey's assets abroad go up 2.4 percent at end of February 2018, compared to end of 2017: Turkish Central Bank
BIST 100 decreases 0.12 percent; US dollar/Turkish lira exchange rate stands at 4.1020
Hong Kong and China ended down after fluctuating through the morning on data showing the world's number two economy expanded in January-March at the same rate as the previous three months.
For Turkey, Germany is a very important, indispensable partner: Turkish Energy Minister Albayrak says in Berlin
BIST 100 rises 0.69 percent; US dollar/Turkish lira exchange rate stands at 4.0830
The United States, Britain and France carried out attacks at the weekend on alleged chemical weapons facilities, in response to what they say was a toxic gas attack by the Russia-backed Assad regime a week before.
Excluding interest payments, central government budget balance saw surplus of nearly $500M in first quarter of 2018
London's FTSE 100 index fell 0.1 percent to 7,254.83 points, with UK advertising giant WPP diving four percent after chief executive Martin Sorrell resigned over the weekend.
The US, Britain and France carried out attacks at the weekend on alleged chemical weapons facilities, in response to what they say was a toxic gas attack by the Russia-backed Assad regime a week before.