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In December 2022, supplies of steel raw materials to the country decreased by 8.1% m/m

Analysts expect that in 2023 the economies of Asian countries will grow, while the USA and the Eurozone are threatened with recession

Rebar quotations in Turkiye rose by 2.1% in early January, and in China – by 1.4%

In 2022, Chinese imports of finished products to Europe amounted to almost 3 million tons

Steel exports in 2022 are expected to grow by 1% y/y

An agreement was signed between China's Baowu and SteelAsia in early January

From April 1, 2023, the import duty rate on coking coal will be 3%

Production increased by 9.4% compared to October

In the week of December 19-26, 2022, scrap quotations in Turkiye were adjusted by $1/t – to $386-387/t

In the sector of mining and beneficiation of ferrous metals, profits decreased by 27.6% y/y

In November 2022, supplies of coking coal to the country decreased by 25.96% y/y

In January-November 2022, the volume of steel production in the country fell by 1.4% y/y