steel import - Latest news GMK Center

The total billet import by Turkish consumers during the period decreased by 16% y/y

The main part of the import fell on long steel – 408.24 thousand tons

Total steel imports for the month fell by 10.3% m/m

The country's steel industry is vulnerable to trade diversion

Currently, the country faces dumping and unfair pricing

Safeguards protecting the UK sector from trade diversion will expire in 2026

Australia and Brazil have not yet used their quotas for these products in the «other countries» category

The government of the country published the final list of products from China, which will be subject to an additional duty of 25%

Import prices for Chinese steel products are much lower than domestic ones

Pipe producer Zekelman Industries joined the statement

The industry association notes that there is a risk of increased steel imports in the coming months

The profile ministry will propose expanding the scope of anti-dumping duties