Turkish Exporters' Association (TIM) president Mehmet Buyukeksi said on December 30, that Turkey's export target for 2010 is $111 billion.
Mr. Buyukeksi said that, although the global economic crisis negatively affected exports this year, as of the last quarter of 2009 the macroeconomic situation started to recover and thus the outlook for 2010 has improved. "It is obvious that we have reached the end of the downturn. 2010 will be the year of recovery. We foresee that all the economies of the world will indicate a more positive trend," he said.
Meanwhile, Istanbul Ferrous and Non-ferrous Metal Exporters' Association (IDDMIB) president Thasin Oztiryaki said that the hike in exports registered in the last quarter of 2009 is likely to continue in 2010. Mr. Oztiryaki stated that in 2009 exports of ferrous and non-ferrous metals would amount to a value of $5 billion, while the export target for next year has been set at $6.5 billion.
On the other hand, Istanbul Mineral Exporters' Association (IMIB) president Ali Kahyaoğlu said that Turkey's local mining industry expects exports to do well in 2010 and that the association expects the recent hike in exports in the last three months to continue in the New Year. Mr. Kahyaoglu also said that the revoked mineral act should be re-implemented and announced the mineral export target for 2010 as three billion dollars.
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jueves, 31 de diciembre de 2009
miércoles, 30 de diciembre de 2009
US raw steel output dips slightly during Christmas week
US raw steel output declined 2.3 percent during the holiday week ended December 26, 2009, according to the American Iron and Steel Institute (AISI).
AISI reported that US raw steel production in the week ended December 26, 2009 totaled 1,445,000 nt, down 2.3 percent from the 1,479,000 nt produced in the previous week, though up 48.2 percent from the 975,000 nt produced during same week of last year. In the week ended December 26, US steelmakers were producing at 60.6 percent capacity, said AISI.
This is down from the prior week's 62.0 percent but significantly up from the corresponding week of last year's 40.9 percent. Adjusted year-to-date raw steel production in the US through December 26, 2009 totaled 62,802,000 nt, which is down 37.0 percent from the same period of last year.
YTD capacity utilization amongst US steelmakers as of December 26 was 51.2 percent, compared to 81.4 percent for the corresponding period of last year.
Info from steel Orbis
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AISI reported that US raw steel production in the week ended December 26, 2009 totaled 1,445,000 nt, down 2.3 percent from the 1,479,000 nt produced in the previous week, though up 48.2 percent from the 975,000 nt produced during same week of last year. In the week ended December 26, US steelmakers were producing at 60.6 percent capacity, said AISI.
This is down from the prior week's 62.0 percent but significantly up from the corresponding week of last year's 40.9 percent. Adjusted year-to-date raw steel production in the US through December 26, 2009 totaled 62,802,000 nt, which is down 37.0 percent from the same period of last year.
YTD capacity utilization amongst US steelmakers as of December 26 was 51.2 percent, compared to 81.4 percent for the corresponding period of last year.
Info from steel Orbis
http://hectorhec.jimdo.com
martes, 29 de diciembre de 2009
November 2009 Crude Steel Production
Brussels – World crude steel production for the 66 countries reporting to the World Steel Association (worldsteel) was 107.5 million metric tons (mmt) in November 2009. This is 24.2% higher than November 2008. November 2009 is the third month in a row showing a positive year-on-year growth rate since September 2008.
Most major steel-producing countries showed an increase in crude steel production in November 2009 compared to the same month last year.
China’s crude steel production for November 2009 was 47.3 mmt, 37.4% higher than November 2008.
Elsewhere in Asia, Japan produced 8.9 mmt of crude steel in November 2009, up by 0.5% compared to the same month last year. South Korea showed an increase of 7.5% from November 2008, producing 4.3 mmt of crude steel in November 2009. In the EU, Germany’s crude steel production was 3.5 mmt in November 2009, an increase of 8.0% from November 2008. Italy produced 1.9 mmt in November 2009, down by -17.2% from November 2008.
Russia’s crude steel production for November 2009 was 5.3 mmt, an increase of 42.6% compared to November 2008. Ukraine produced 2.7 mmt in November 2009, 67.1% higher than the same month last year.
Turkey produced 2.1 mmt of crude steel in November 2009, an 18.3% increase from November 2008.
The US produced 6.0 mmt of crude steel in November 2009, an increase of 26.9% compared to the same month last year. Brazil’s crude steel production in November 2009 was 2.7 mmt, 15.1% higher than November 2008.
Total crude steel production in the 66 reporting countries for the first 11 months of 2009 was 1,090 mmt, a -10.8% decrease over the same period of 2008.
The world crude steel capacity utilisation ratio in November 2009 was 75.0%, a slight decline from 76.9% in October 2009. Compared to November 2008, the utilisation ratio in November 2009 increased by 10.4 percentage points.
Most major steel-producing countries showed an increase in crude steel production in November 2009 compared to the same month last year.
China’s crude steel production for November 2009 was 47.3 mmt, 37.4% higher than November 2008.
Elsewhere in Asia, Japan produced 8.9 mmt of crude steel in November 2009, up by 0.5% compared to the same month last year. South Korea showed an increase of 7.5% from November 2008, producing 4.3 mmt of crude steel in November 2009. In the EU, Germany’s crude steel production was 3.5 mmt in November 2009, an increase of 8.0% from November 2008. Italy produced 1.9 mmt in November 2009, down by -17.2% from November 2008.
Russia’s crude steel production for November 2009 was 5.3 mmt, an increase of 42.6% compared to November 2008. Ukraine produced 2.7 mmt in November 2009, 67.1% higher than the same month last year.
Turkey produced 2.1 mmt of crude steel in November 2009, an 18.3% increase from November 2008.
The US produced 6.0 mmt of crude steel in November 2009, an increase of 26.9% compared to the same month last year. Brazil’s crude steel production in November 2009 was 2.7 mmt, 15.1% higher than November 2008.
Total crude steel production in the 66 reporting countries for the first 11 months of 2009 was 1,090 mmt, a -10.8% decrease over the same period of 2008.
The world crude steel capacity utilisation ratio in November 2009 was 75.0%, a slight decline from 76.9% in October 2009. Compared to November 2008, the utilisation ratio in November 2009 increased by 10.4 percentage points.
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