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A New Approach from Halach Gold to the Jewelry Market

ImageThe jewelry sector is one of the sectors with the greatest ambition to make its mark as a global brand. Representatives of the industry have declared their goal of becoming the global leader by reaching exports of $10 billion in 10 years. Turkish companies are known for their traditional way of doing business (store based) in the U.S., but one of them decided to set up a web based company.  (http://www.mygoldgram.com) Çiğdem Bostan, Vice President & COO of Halach Gold Inc., a New York based gold buying and selling company, talked to TURKOFAMERICA.

"The Best Way to Understand the U.S. Market Is to Stay Informed"

ImageRobert Headley, Chief Operating Officer of Jewelers of America, says suppliers in Turkey who can help U.S. retailers to meet market challenges and changes will have the greatest success. “I would strongly encourage foreign companies who want to enter the jewelry industry here to do their homework. The best way to understand the U.S. market is to stay informed,” he added.  Headley answered TURKOFAMERICA’s questions.

American Construction Industry Has No Prospect for Significant Growth until 2011

ImageThe American Institute of Steel Construction (AISC), headquartered in Chicago, is a not-for-profit technical institute and trade association established in 1921 to serve the structural steel design community and construction industry in the United States. Current market share for structural steel in the non-residential marketplace is 59%, based on square footage of construction starts.

"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.
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