Türkiye

The country's steel sector is also under pressure from price fluctuations for imported scrap

Turkish steelmakers reduced their purchases of Ukrainian steel by 80.8% y/y

During the month, Turkish steelmakers increased the import of Ukrainian pig iron by 69.6% y/y

Suppliers from the Russian Federation have to compete with Asian imports

During the month, Turkish steelmakers produced 2.1 million tons of steel

Scrap quotations on the Turkish market for the week of March 13-20, 2023, decreased by $5/t

The company contested the application of the 25% duty on top of existing anti-dumping duties

Scrap quotations on the Turkish market for the week of March 6-13, 2023, increased by $8/t, and since the beginning of the year – by $64/t

During the month, Turkish steelmakers imported 1.36 million tons of raw materials

5 million tons of steel will be needed to rebuild the regions affected by the earthquake

Ukrainian specialists helped Turkish colleagues restore the coke-chemical wing of the plant after the earthquake

This is the second consecutive decrease in the price of gas in the country in 2023. In February, gas for industry became cheaper by 13-17%