Türkiye

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Turkiye’s Borusan Boru starts trial production at plants in the US and Romania

The company announced the completion of investments in pipe assets

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Türkiye imported 21 thousand tons of steel billets from Ukraine in January

The last time Ukrainian products were imported was in November 2023

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Turkish Tosçelik plans to increase its share in the green steel market

The company intends to continue investing in the decarbonization of capacities

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Turkiye imported 75 thousand tons of ore from Ukraine in January

The total import of raw materials to the country in January 2024 decreased by 18.7% y/y

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Turkiye to increase exports of steel products in 2024 – forecast

In 2024, steel production may exceed 40.4 million tons

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Turkiye’s Borusan announces $1.4 billion investment in the next three years

The largest share of investments will be directed to the production of flat rolled products

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Turkiye increased scrap imports by 36% y/y in January

The demand for imported raw materials increased due to the increase in steel production

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Turkiye increased steel production by 25% y/y in January

In a month, Turkish steelmakers produced 3.25 million tons of steel

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Turkiye’s Kardemir plans to invest $1.5 billion in the next five years

The company also intends to increase steel production from 2.5 to 3.5 million tons in the short term

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What is happening in the Turkish steel market

Local companies focus on the domestic market and expect to continue exporting to the EU after the introduction of CBAM

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Turkiye’s Isdemir to build 140 MW solar power plant in Diyarbakir

The company continues to implement plans for decarbonization of production

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