steel market - Latest news GMK Center

In October-December, the steel division reduced sales by 11% y/y in monetary terms

The association predicts the probability of demand growth in February

Coated flat products account for about half of imports

More than 37.57%, or 1.23 million tons, is imported

Amid weakness of the economies of Turkey and the EU, the state of the market will increasingly depend on the actions of China

Stable low demand and complex dynamics were recorded in November

More than 37.9% or 1.14 million tons are imported

The company intends to completely shut down the Olpe warehouse by the middle of next year

Amid job cuts in Germany, Turkey remains optimistic about steel industry development

Ukraine, China, South Korea and India account for about 70% of deliveries

Exports of steel products grew by 30.7% y/y over 10 months, while imports fell by 7.2% y/н

Flat products accounted for the majority of sales