Türkiye

The energy market regulatory body also reduced the maximum price of electricity on the free market to 4.2 thousand lira/MWh

Loads of steel mills have decreased due to falling global demand for steel and rising electricity costs

In the week of December 19-26, 2022, scrap quotations in Turkiye were adjusted by $1/t – to $386-387/t

The complex will have a capacity of 4 million tons per year

In the week of December 12-19, 2022, scrap quotations in Turkiye increased by $5/t – to $382-388/t

In January-October 2022, the import of Ukrainian iron ore by Turkiye decreased by 39.1%

In January-October 2022, deliveries of Ukrainian pig iron to Turkish steelmakers decreased by 43.9% year-on-year

The company's investment in the new service center will amount to $7-8 million

Exporters from India, Turkiye and the Russian Federation are more active in the MENA market

In the week of December 5-12, 2022, scrap quotations in Turkiye remained at $383/t

Toscelik Niksic produces non-alloy steel, roller-bearing steel, tool steel, and heat-resistant steel

Currently, the country is conducting an investigation into the countries of the Far East