Türkiye - Latest news GMK Center

Steel imports last year increased by 1.7% y/y

The company plans to invest almost $1 billion in a solar energy project

Pig iron production increased by 17.2% year-on-year

The company is negotiating another major acquisition in Europe

Total imports of iron ore to the country for 11 months amounted to 9.08 million tons

The country, in particular, chose its quotas for wire rod

In particular, the country helps exporters reduce their carbon footprint and improve energy efficiency

In January-November, the company's production increased by 11.2% y/y

Total imports of billets by Turkish consumers grew by 5.3% y/y over the period

In Turkey, annual steel production at the company's facilities is estimated at 8 million tons

The first stage of implementation is planned for 2027-2034

Amid job cuts in Germany, Turkey remains optimistic about steel industry development