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Photo – ANNOUNCEMENT: Steel Summit 2025
ANNOUNCEMENT: Steel Summit 2025

Participants will discuss challenges and opportunities for the steel sector

Photo – Turkish Koc Metallurgy to suspend production at two plants
Turkish Koc Metallurgy to suspend production at two plants

Production suspension due to annual scheduled maintenance

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

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

Photo – Turkish steel market: under question mark
Turkish steel market: under question mark

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

Photo – Turkish steel industry needs state support – ÇİB
Turkish steel industry needs state support – ÇİB

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

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

Key suppliers of raw materials are the Netherlands and the UK

Photo – Turkey’s Kardemir reduced sales by 4.4% y/y in 2024
Turkey’s Kardemir reduced sales by 4.4% y/y in 2024

Steel production in the period increased by 4.8% compared to 2023

Photo – Turkey’s Tosyali Toyo shuts down rolling line after fire – Argus
Turkey’s Tosyali Toyo shuts down rolling line after fire – Argus

Production on the affected line will be shut down for approximately 3 months

Photo – Turkey increased steel exports by 23% y/y in January
Turkey increased steel exports by 23% y/y in January

Steel imports increased by 24.9% year-on-year in the period under review

Photo – Turkey increased steel production by 7.5% m/m in January
Turkey increased steel production by 7.5% m/m in January

Pig iron production for the month increased by 2.1% m/m

Photo – Turkey reduced imports of pig iron from Ukraine by 6.3% y/y in 2024
Turkey reduced imports of pig iron from Ukraine by 6.3% y/y in 2024

Total deliveries amounted to 102.43 thousand tons

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