Almet Holding’s Post

In September 2024, the container turnover of the ports of the Caspian basin decreased by 31.4% compared to September 2023, according to the analytical service SeaNews PORTSTAT. Exports fell by 51.7% and cabotage by 14.3%, while imports remained at the level of last year. The share of the Caspian basin in the total container turnover of all Russian seaports was 0.07%. Loaded containers were processed by 16.4% more, 64.9% of which came for import, 27.8% for export, 7.3% were involved in cabotage. Transshipment of empty containers decreased by 72.9%, amounting to 69 TEU. The port of Astrakhan provided 74.7% of the container turnover of the Caspian basin, while the port of Olya provided 25.3%.

The South East Asia Iron and Steel Institute (SEAISI) has stated that long steel imports into the ASEAN-6 countries in 2023 amounted to 11.8 million mt, increasing by 10.4 percent year on year, due to a recovery in construction activities in some countries, while long steel exports rose by 16.5 percent year on year to 9.4 million mt. Singapore's long steel imports posted the highest growth rate. In the meantime, the ASEAN region's long steel capacity allows some countries, especially Indonesia and Malaysia, to export a bulk of long steel to China and other ASEAN countries. 👉 Read More: https://lnkd.in/g3U5YTTk #steelexport #vietnamsteel #steelasia #hsg #steelsheet #steelpipe #plasticpipe

Does SOCAR sell oil to Israel? The history of oil trade between #Azerbaijan and #Israel is long... That is, Israel has acted as a buyer of Azerbaijani oil since the late 90s of the last century, when #Azeri_Light oil began to be exported from the Georgian Supsa terminal. SOCAR Türkiye stated that the Azerbaijan State Oil Company does not sell oil to Israel. At the #Ceyhan terminal, traders buy oil from her, and then to whom they sell it - that’s their business. Official statistics from Azerbaijan show that Israel is an importer of our oil. At the end of 2023, 2,270.3 thousand tons (more than 16.5 million barrels) of crude oil were exported to Israel from Azerbaijan. In the first quarter of 2024, 1,021.9 thousand tons of oil (about 7.6 million barrels) were supplied to Israel from Azerbaijan. The information provided by customs does not mean that SOCAR was the owner of this oil sold on the Israeli market. Since, in addition to SOCAR, the owner of this oil can be any foreign company that produces oil in Azerbaijan. And their number is about 30. Therefore, the statement of SOCAR’s Turkish subsidiary that SOCAR does not sell oil to Israel is logical.

Cambodia imports USD505 million worth of iron and steel in ten-month period

#cis #russia #emergingmarkets #kazakhstan #oil #gas #equityresearch #fixedincome #portfoliomanager   Lukoil sees net profit to RAS drop 16.7% YoY to 89.9 bln rubles in Q1 2024 26.04.2024, 15:00:26 British Summer Time (GMT+1)MOSCOW. April 26 (Interfax) - Lukoil (MOEX: LKOH) saw net profit to Russian Accounting Standards drop 16.7% year-on-year to 89.9 billion rubles in Q1 2024 from 104.3 billion rubles in Q1 2023, the company said in a financial statement. However, revenue increased 1.9-fold to 864.8 billion rubles, and cost of sales rose 1.7-fold to 526.7 billion rubles. Payments for export customs duties dropped to 2.6 billion rubles from 3.7 million rubles.

Tunisia offers substantial trade opportunities in the casting of iron and steel industry, driven by its strategic location, industrial growth, and access to key international markets. Positioned as a gateway between Europe, Africa, and the Middle East, Tunisia provides Turkish exporters with a logistical advantage for distributing goods across these regions. The country’s demand for casting products is fueled by expanding construction projects, growing automotive and machinery industries, and infrastructure development, creating a steady need for high-quality components such as pipes, engine parts, and structural elements. Tunisia’s reliance on imported raw materials and advanced machinery presents additional opportunities for to supply semi-finished products, casting equipment, and technological expertise. Furthermore, Tunisia’s free trade agreements with the European Union and its membership in the African Continental Free Trade Agreement (AfCFTA) allow Turkish businesses to benefit from tariff-free or reduced-tariff access to broader markets. Combined with government incentives for industrial investment and a skilled local workforce, Tunisia offers a favorable environment for Turkish companies to establish a strong presence and capitalize on the growing demand for iron and steel casting products. For business development in Tunusia, contact #ELIHOS today. 🔵 SOLUTIONS elihos.com/solutions #Tunusia #BusinessDevelopment #InternationalTrade

Saudi EXIM, AMIC, and Toho Titanium Metal Co. sign credit facility agreement The Saudi Export-Import Bank (Saudi EXIM), Advanced Metal Industries Cluster Co., Ltd. (AMIC), and the AMIC Toho Titanium Metal Co. Ltd. (ATTM), a manufacturing company within the National Industrialization Company (Tasnee), have signed a credit facility agreement worth SAR50 million.   The bank is providing this as working capital financing to the company to provide the liquidity it needs for its export activities, thus contributing to increasing Saudi exports to various markets worldwide.   The agreement was signed at Tasnee's headquarters in Riyadh in the presence of Saudi EXIM CEO Eng. Saad bin Abdulaziz Al-Khalb and Tasnee CEO Fawaz bin Mohammed Al-Fawaz.   The ATTM company produces #titanium sponge, a unique product produced by a few companies worldwide. It is one of the most essential basic inputs in many vital strategic industries, such as aerospace and medicine. The company exports it to many major markets around the world, such as the United States, the United Kingdom, Japan, China, and Estonia.   Saudi EXIM is a development bank affiliated with the National Development Fund (NDF). It works to build strategic partnerships to enhance the efficiency of the export-import system in the Kingdom of Saudi Arabia, contributing to the development of non-oil Saudi exports and achieving the related targets in the Kingdom's Vision 2030. https://lnkd.in/eitNkJNU #TitaniumSponge #Titanium #FerroAlloyNet

𝗪𝗲𝗹𝗱𝗲𝗱 𝗽𝗶𝗽𝗲 𝗶𝗺𝗽𝗼𝗿𝘁𝘀 𝗼𝗳 𝗧ü𝗿𝗸𝗶𝘆𝗲 𝗶𝗻𝗰𝗿𝗲𝗮𝘀𝗲𝗱 𝗯𝘆 𝟭𝟮.𝟱% 𝗶𝗻 𝗝𝗮𝗻𝘂𝗮𝗿𝘆-𝗠𝗮𝗿𝗰𝗵 𝗽𝗲𝗿𝗶𝗼𝗱 SteelRadar has compiled data from the Turkish Statistical Institute (#TUIK) and reported that Türkiye's #weldedpipe imports in March 2024 increased by 6.5% yoy to 7,815 tons from 7,335 tons in the same month of the previous year. Compared to the previous month, February, this figure increased by 6.2%. In January-March period, total welded pipe imports increased by 12.5% compared to the previous year, rising from 20,426 tons to 22,970 tons. The leading import destination of #Türkiye in March was #Italy with 2,893.1 tons, followed by #China with 972.2 tons and #Germany with 927.9 tons. 𝗥𝗮𝗻𝗸𝗶𝗻𝗴 𝗼𝗳 𝘁𝗵𝗲 𝗰𝗼𝘂𝗻𝘁𝗿𝗶𝗲𝘀 𝘁𝗵𝗮𝘁 𝗧ü𝗿𝗸𝗶𝘆𝗲 𝗶𝗺𝗽𝗼𝗿𝘁𝗲𝗱 𝘄𝗲𝗹𝗱𝗲𝗱 𝗽𝗶𝗽𝗲𝘀 𝗶𝗻 𝗠𝗮𝗿𝗰𝗵 𝗮𝗿𝗲 𝗮𝘀 𝗳𝗼𝗹𝗹𝗼𝘄𝘀; 𝗖𝗹𝗶𝗰𝗸 𝗺𝗼𝗿𝗲 ⬇; https://lnkd.in/dWtEaFQf

Turkiye's exports of billet and bloom increased by 11.1% in January-May According to data compiled by SteelRadar analysts from the Turkish Statistical Institute (“TUIK”), Turkiye's billet and bloom exports in May increased by 111.7% compared to the same month of the previous year, rising from 4,386 tons to 9,285 tons. This figure increased by 1794.9% compared to the previous month, April. In April, 490 tons of exports were realized. Click for more ➡ https://lnkd.in/dDR6WGPY #billet TR ➡ https://lnkd.in/d6Zs7kh5 #kütük

Oman’s Trade Surplus Reaches OMR2.61 Billion in 2024 > Oman's trade surplus reached OMR2.61 billion by March 2024, with merchandise exports up 16.7% to OMR6.50 billion > Non-oil exports rose 44.9% to OMR2.33 billion, driven by mineral products increasing 127% to OMR1.16 billion Read more: https://bit.ly/3zgTgbd #internationalfinance #oman #tradebalance #exportgrowth #economicdata #oilandgas #nonoilexports #merchandiseexports #economicdevelopment