Türkiye

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Turkey exhausts a number of EU steel import quotas for Q2

In particular, the country chose to buy rebar and wire rod

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Turkey increased its imports of billets from Ukraine by 65% y/y in January-February

Total imports by Turkish steelmakers increased by 52.4% y/y, mainly from Malaysia

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Turkey raises electricity and gas prices from April

EPDK and BOTAS reported an average 10-25% increase in energy prices

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Turkey’s İsdemir prepares to launch the country’s largest blast furnace

The key feature of the project is the conversion of the increased volume of blast furnace gas into electricity

Turkey reduced scrap imports by 4.9% y/y in February

The key suppliers of raw materials are the Netherlands and Belgium

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Turkey increased exports of steel products by 11.8% y/y in January-February

Steel imports grew by 21.6% y/y during this period

ANNOUNCEMENT: Steel Summit 2025

Participants will discuss challenges and opportunities for the steel sector

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Turkish Koc Metallurgy to suspend production at two plants

Production suspension due to annual scheduled maintenance

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Turkey reduced steel production by 8.7% m/m in February

Pig iron production fell by 6.2% m/m over the month

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Turkish steel market: under question mark

Major steel consuming industries showed a decline at the beginning of the year

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Turkish steel industry needs state support – ÇİB

The association believes that this will play a significant role in the context of growing global competition

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Türkiye reduced scrap imports by 20.2% y/y in January

Key suppliers of raw materials are the Netherlands and the UK

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