Türkiye - Latest news GMK Center

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

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

Key suppliers of raw materials are the Netherlands and the UK

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

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

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

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

Total deliveries amounted to 102.43 thousand tons

Steel production volumes increased by 19% year-on-year in the year under review

Total imports of iron ore to the country for 12 months amounted to 10.01 million tons

Turkish steel mills fear further price increases

Over the year, the country's steelmakers consumed 20.09 million tons of imported raw materials