Türkiye

Heaton Manufacturing
Global rebar prices are falling due to weak market sentiment

China is reinforcing this trend by trying to expand exports at reduced prices

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Turkiye diversified its imports of slabs in February

Imports of Russian products to the country in February 2023 fell by 62.6% y/y

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Turkish Yeşilyurt invests $51.7 million in a solar power plant

As part of the project, almost 200,000 solar panels will be installed

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Export prices for Russian semi-finished products continued to fall

Russian slabs compete with Chinese HRC in Turkish market

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Canada continued its investigation into Turkish rebar

The retrial was initiated in the fall of 2022, the parties were supposed to submit arguments in January 2023

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World scrap prices continue to decline amid uncertainty

China is breaking out of the general trend thanks to a recovery in steel demand

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Turkish Kardemir plans to invest $1 billion over five years

In 2023, the company will complete 13 different environmental investments

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Türkiye again postponed the increase in import duties on flat products

Market participants are already anticipating a further delay

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Turkiye has reduced gas prices for industry by 20% since April

This is the third decrease in gas prices in the country in 2023. In February, gas for industry became cheaper by 13-17%, and in March – by 21-26%

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Energy costs of Turkish steelmakers will continue to decrease – CIB

The level of gas prices in Turkiye may balance with the cost of energy resources in the EU already in June of this year

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