The machines that have the ability to take electrical energy and convert it into hydraulic energy and thus support the movement of the liquid with mechanical power are called pumps. Pumps, which move the liquid from low pressure to high pressure, operate based on the principle of compression or lifting, which is mechanical force. Pumps […]
Category: Knowledge Sharing
Intra-Industry Trade (IIT) Grubel – Lloyd Index
The process of exporting and importing goods in the same industry is called intra-industry trade. Most of the trade in industrialized countries is carried out as intra-industry trade. The process of measuring the intra-industry trade index of certain products was first presented in 1971 by Herb Grubel and Peter Lloyd. Intra-Industry Trade (IIT) Towards the […]
International Commercial Terms – Incoterms
The commercial conditions set by the ICC (International Chamber of Commerce) and previously published for use in international trade are called incoterms. In addition to hosting the rules that provide advantages to companies in shipments, their costs can be reduced within the logistics planning to be made. Although there are no mandatory rules, it is […]
Iron and Steel Industry HS / GTIP Code Classification
HS Code Classification and Iron and Steel Standards The iron and steel industry has been the basis of industrialization and the driving force of development since the past. It has been used for the development of societies at all stages of human history. Therefore, considering its past and future position, iron and steel is a […]
Iron and Steel Standards
What are Iron and Steel Products and In Which Areas Are They Used? Iron, which is an easily processed, abundant and durable material in the world, has many uses. Steel is also obtained by passing iron through certain chemical processes. Many different products are manufactured from these two materials. Both in Turkey and all over […]