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"The Turkish Steel Industry Has Shown Outstanding Performance"

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Nicholas Walters, Communications Director of the World Steel Association.
The World Steel Association forecasts that apparent steel use will increase by 10.7% to 1,241 million metric tons (mmt) in 2010 after contracting by -6.7% in 2009. With these projections, world steel demand in 2010 will exceed the pre-crisis levels of 2007. In 2011, it is forecast that world steel demand will grow by 5.3% to reach a historical high of 1,306 mmt. The resilience of the emerging economies, especially China, has been the critical factor enabling the earlier than expected recovery of world steel demand.

Turkey Is One of Six "Next Tier Markets" for the United States

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Assistant Secretary for Economic, Energy and Business Affairs Jose W. Fernandez met with Turkish Union of Chambers and Stock Exchanges Chairman Risat Hisarciklioglu during his June visit to Turkey for the Economic Partnership Commission meeting.
By Jose W. Fernandez*
- The tempo of economic engagement between Turkey and the United States is steadily increasing.  There is a level of excitement that translates into potential cooperation in many areas – from renewable energy to developing the financial sector, promoting new and existing small and medium sized companies, and economic cooperation in third countries.  While U.S. trade with Turkey was sharply impacted during the economic downturn, two-way trade has risen by 37.8% to $5.6 billion for the first five months of 2010.  
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