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TURKEY METALS MARKET

Metals Prices in Turkey

Turkey has a strategic and very good geographical location and is considered a crossroads of Northwest Asia and Europe. Most metals are silvery, high-density, and relatively soft solids that deform easily. Turkey's exports in 2018 in the competition compared to a year ago had a growth of 10.22 percent. Metals are now mainly used in the manufacture of industrial tools. One of the most common items that travelers bring from Turkey will be souvenirs or gifts. The countries of the Middle East have a significant share of iron resources

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Ataturk International Airport is the 11th busiest airport in the world and many Turkish airports are in very good condition and the number of passengers is very high. Almost all metals are solid, shiny, and white-gray. Turkey exports the most to EU countries and the use of Turkish products is very common among the countries of the world. The base metals industry is the most important export industry in the Middle East after oil and petrochemicals

Metals Trade in West Asia (Middle East)
Metals Trade in West Asia (Middle East)

Many global mining experts predict that at current consumption rates, the planet's economy over the next 70 years will undermine the current known reserves, which are likely to consume half of the world's current metals. Shortly, increasing dependence on essential mineral imports, plus global competition for scarce resource resources, will increase prices and bargain for exporting countries.

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How is West Asian Gold Market
How is West Asian Gold Market

Gold is a chemical element with the symbol Au and atomic number 79 and is one of the elements with high atomic number that exists in nature. Gold is pure, a shiny metal, reddish yellow, dense, soft, malleable and flexible.

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What are zinc metal’s properties, and its uses?
What are zinc metal’s properties, and its uses?

Zinc is found in several ores, the principal ones being zinc blende (zinc sulfide) and calamine (zinc silicate). The principal mining areas are in China, Australia and Peru. Commercially, zinc is obtained from its ores by concentrating and roasting the ore, then reducing it to zinc by heating with carbon or by electrolysis. World production is more than 11 million tonnes a year. 

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What are the uses of silver metal?‎
What are the uses of silver metal?‎

The interesting thing about silver is that today, the metal is used for solder and solder alloys, ‎batteries, dentistry, LED chips, nuclear reactors, photovoltaic (or solar) energy, RFID chips to ‎track packages or shipments worldwide, Semiconductors, touch screens, wood preservatives, ‎and many other industrial applications.‎

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Are the effects of aluminum harmful to health?
Are the effects of aluminum harmful to health?

When the concentration of aluminum in the environment increases, it has severe effects on human health. Water-soluble aluminum is dangerous. Particles of aluminum that dissolve in water are called ionic particles, for example, aluminum chloride. Other ways to increase the amount of aluminum in the body are to breathe and make skin-to-skin contact with aluminum. 

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What is copper and its facts?
What is copper and its facts?

About two-thirds of the earth's copper is found in igneous rocks, and about a quarter occurs in sedimentary rocks. This metal is flexible and flexible and conducts heat and electricity well, which is why it is widely used in electronics and wiring.

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To which countries is Turkey exporting the most?
To which countries is Turkey exporting the most?

2. EnglandOne of the largest products in the top of Turkish exports to the UK is automobiles. Of course, exports to the UK do not only include cars, but also home appliances, furniture, textiles, and clothing. Consider that Turkey could export up to $ 11 billion this year.

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, established in year 2001, is one of the leading steel trading and manufacturing companies of Turkey and is also one of the top 100 exporters of Turkey. Our company is exporting steel products from Turkey to 75 countries located in different continents such as South America, Africa, Asia, Europe and Oceanic Islands. Perdemsac Plaza Kat: 10 No: 90 Kadikoy - Istanbul / TURKEY . TIM : Turkey Exporters Assembly . Perdemsac Plaza Kat: 10 No: 90 Kadikoy - Istanbul / TURKEY . "As renewable energy support mechanism (YEKDEM) is also raising our energy costs in Turkey, we have been facing a notable increase in steel production costs. In Turkey, there are a couple of main materials and construction techniques that are used frequently for buildings, schools and skyscrapers. Steel is one of the highest global market share products all around the world including Turkey. Steel prices in Turkey change towards production amount, market demands and usage areas of raw materials. Secondary, market demands include both Turkey and worldwide countries which create a motion of steel trades. In this case, steel prices in Turkey is generally referred to as a pricing unit which is US Dollars per metric ton of steel. In Turkey, there are some companies which are also part of the global steel market, have a big role to produce and process steel for demands. Turkey steel price is determined by a specific payment amount per steel ton. All these listed features directly impact on Turkey steel prices and qualities. Turkey as one of them is in the top 40 countries according to global market reports and contributes daily changing of steel prices. Steel price today Turkey is defined by many factors that comprise quality and quantity value, demand amount and market share. Current steel prices in Turkey are mostly affected by general construction costs, manufacturing cost and global market movements.
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The standards and best practice expected from market participants in the global wholesale precious metals market. Unlike many countries specialising in a single or a few areas of gold, Turkey has a and active gold habitat involving official and private sectors. This report examines these banking products – including how the official sector engages with the market – and also investigates how Borsa İstanbul (BIST) Precious Metals and Diamond Markets (PMDM) has been the cornerstone of the Turkish gold market since its founding in 1995. The analysis explores how Turkish gold jewellery fabrication has out-performed jewellery consumption, reflecting the growing success of the jewellery export industry, and considers the role of gold as a unit of account in the Milyem system – Turkey’s unique gold accounting system.

https://www.borsaistanbul.com/en/sayfa/3128/precious-metals-and-diamond-markets
https://www.spglobal.com/platts/en/market-insights/latest-news/metals/091621-eu-turkish-steel-mills-concerned-over-record-high-energy-costs
http://www.metalmarket.com.tr/Home/