Industry

Turkey to take new steps to help exporters: President

September 18, 2021

Turkey will take new steps to help the country’s exporters, including removing the requirement for security deposits, restructuring Turkish Eximbank, and establishing a new fair center, President Recep Tayyip Erdogan announced on Saturday.”As our busin…

Turkey’s president hails economic growth despite pandemic challenge

September 16, 2021

Turkey’s manufacturing and export sectors have grown despite the unfavorable conditions brought about by the COVID-19 pandemic, the country’s president said on Thursday.Turkey has managed to recover from losses incurred due to the pandemic at a time wh…

Turkish glass maker investing over $474M in new production lines

September 13, 2021

Turkish glassmaker Sisecam will invest more than 4 billion Turkish liras ($474 million) in float glass lines, the company announced Monday.The two float lines will make glass for the architecture and automotive sectors, …

Turkey’s machinery exports in January-August top $15B

September 13, 2021

Turkey made $15 billion worth of machinery exports in the first eight months of 2021, up 32.5% on a yearly basis, a sector group said on Monday.”Developed countries have had difficulty catching up with the 2019 machi…

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US markets open strong, trying to recover from 5-day losing streak

September 13, 2021

Major indexes in the US stock market opened strong on Monday, as the Dow Jones and the SandP 500 were trying to recover from their five days of losing streak.The blue-chip Dow soared 204 points, or 0.6%, to 34,812 …

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Turkey’s total turnover jumps 45.1% y-o-y in July

September 13, 2021

The Turkish economy saw a 45.1% jump in total turnover in July on a yearly basis, the country’s statistical authority announced Monday.The index saw the biggest leap in the service sector, up 77.2% year-on-year in Jul…

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Spot market electricity prices for Tuesday, Sept. 14

September 13, 2021

The highest electricity price rate for one megawatt-hour in Turkey’s day-ahead spot market for Tuesday will be 670 Turkish liras at 19.00 local time (1600GMT), while the lowest will be 448.53 liras at 12.00 local time…

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Spot market natural gas prices for Sunday, Sept. 12

September 13, 2021

The trade volume of Turkey’s spot natural gas market rose by 6.25% to 3.4 million Turkish liras on Sunday, Turkey’s Energy Exchange Istanbul (EXIST) data showed on Monday.Total trade on Saturday amounted to 3.20 millio…

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