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Iran conflict - how will it affect Turkiye's economy, steel exports and ferrous scrap imports?

Source: BigMint Mar 24, 2026 08:30

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Inflation, external financing remain key challenges - Fitch. Turkish exports to GCC countries down 40% amid geopolitical conflict

Mustafa Gltepe, chairman of the Turkish Exporters Assembly, has stated that Turkish exports to the Gulf countries have decreased by 40% due to the ongoing conflict involving the US-Israel and Iran in the Middle East. Turkiye is a major exporter in the region, especially of steel, and the ongoing conflict

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