Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

Turkey’s basic metal manufacturing industry index climbed by 0.3 basis points to 82.1pc in May 2021 from 81.8pc in April, according to the Central Bank of Turkey. 


Turkey’s basic metal manufacturing industry reached a capacity utilization of 71.5pc in May 2021. The utilization rate in the manufacture of metal products, with the exclusion of machinery and equipment, rose by 0.1 basis points from 74.7pc in April 2021 to 74.8pc in May but was up 13pc from May 2020. 


Turkey’s total manufacturing industry utilization rate declined slightly by 0.6 basis points to 75.3pc in May 2021 against April’s 75.9pc. However, the utilization rose by 13.5pc in May 2021 compared to the year-ago month. 

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