Industry News

Turkish home appliance manufacturers express concerns over anti-dumping investigations

Views : 220
Update time : 2024-11-05 16:59:44
The Turkish White Goods Manufacturers Association (TÜRKBESD) has expressed concerns over the potential impact of ongoing anti-dumping investigations on materials like stainless steel and sheet metal, which could lead to higher production costs and inflation.

Taxes on key materials, including stainless steel, sheet metal, and polystyrene (17-18% of production costs), could raise product prices by 5% and weaken international competitiveness.

This situation may reduce Turkish manufacturers' global market share and export capacity. In September, Turkey's domestic white goods market saw a 15% drop in sales, exports fell 34%, and overall production decreased by 37%. TÜRKBESD reported a 4% increase in domestic sales but a 6% drop in exports, resulting in a 3% decline in total sales for the first nine months of 2024.
Related News
Read More >>
Rising oil prices pressure Vietnam’s inflation control targets Rising oil prices pressure Vietnam’s inflation control targets
Mar .24.2026
Rising oil prices pressure Vietnam’s inflation control targets
South Africa raises AD duties on structural steel from China & Thailand South Africa raises AD duties on structural steel from China & Thailand
Mar .24.2026
South Africa raises AD duties on structural steel from China & Thailand
Rise and fall in LME aluminium: cash climbs to $3,329/t, stocks slip nearly 1% Rise and fall in LME aluminium: cash climbs to $3,329/t, stocks slip nearly 1%
Mar .24.2026
Rise and fall in LME aluminium: cash climbs to $3,329/t, stocks slip nearly 1%
Macro geopolitical risks have yet to subside, and aluminium prices have maintained a fluctuating pattern Macro geopolitical risks have yet to subside, and aluminium prices have maintained a fluctuating pattern
Mar .24.2026
Macro geopolitical risks have yet to subside, and aluminium prices have maintained a fluctuating pattern