Author: 25 Feb 2012 Last updated at 02:31:20 GMT

Turkey plan to boost export steel to Pak, Bangladesh

ANKARA (Scrap Monster): Turkey Steel Exporters' Association (CIB) is planning a commercial visit to Pakistan and Bangladesh on March 2nd 2012 in order to evaluate new business opportunities with the support of the Turkish Ministry of Economy.

"This visit intends to open new markets for the developing Turkish steel industry," said Namik Ekinci president of CIB.

Recalling that a similar visit was paid in October last year to Chile, Peru and Colombia, Ekinci stated that countries to be visited are named by a trade committee formed by industry representatives. The trade committee has chosen Pakistan and Bangladesh as target countries, having evaluated statistics and market analyses.

“A preparatory visit had already been made to these two countries during which contacts were established with leading steel importers in these markets in order to pave the way for the main visit in March,” Ekinci added.

"Unfortunately our deep-rooted relationship with Pakistan and Bangladesh has so far not been reflected in our trading activities and our share in these countries import volumes has remained fairly low. I believe that the Turkish steel industry with its ability to compete in any market worldwide, will manage to be significantly competitive in these two neglected countries," Ekinci concluded.

  • Topics

METAL PRICE CHARTS

GET PRICE CHARTS

18ct Gold Scrap Price Charts

22ct Gold Scrap Price Charts

9ct Gold Scrap Price Charts

RELATED NEWS

Central Maine Power Company reports surge in copper thefts from power substations

July 23rd 2014 08:24 AM
Central Maine Power Company reports surge in copper thefts from power substations
The officials at Central Maine Power (CMP) Company stated that there has been an unprecedented increase in the number of…

NUMSA strike likely to end soon, costing SA metal sector ZAR 300 million per day

July 23rd 2014 03:07 AM
NUMSA strike likely to end soon, costing SA metal sector ZAR 300 million per day
According to media reports, efforts are on to end the three-week long NUMSA strike which has already made enormous losses…

Posco P&S' scrap purchasing price drops

July 22nd 2014 02:49 AM
Posco P&S' scrap purchasing price drops
According to reports, South Korean Posco P&S has purchased scrap from Japan at lower rate

Scrap levels collapse on poor consumption and slow finished demand in India

July 18th 2014 02:18 PM
Scrap levels collapse on poor consumption and slow finished demand in India
It was the turn of scrap after finished steel, pencil ingot to toe the line with price showing steep decline…
blog comments powered by Disqus
Next Story